Training Course
Syllabus:
Keys to Maintaining Objectivity and Independence
Open discussion of the need for compliance professionals
approach and execution of independence and objectivity is often downplayed
within the corporate environment. The issue is recognized among those who are
in the compliance role, yet the topic borders on the political line within and
organization's hierarchy. Professionals often must learn to "face the
music" or "play the politics" even though their ethical and
moral code tells them something should be changed.
Compliance professionals must bond together to share
experiences and tactics to allow the profession to truly provide the value that
shareholders, customers, creditors and regulators demand. Open discussion and
sharing is the key to success. This session will provide transparent insight
into real life scenario difficulties and alternatives for action by the
compliance professional.
The compliance profession has emerged as one of the critical
job roles in corporate America. The ongoing onslaught of legislation and
regulatory guidelines in every industry has heightened the need for
professionals who can effectively and efficiently develop and manage strong
compliance programs. In the past, these roles were often considered the
responsibility of professionals whose vital included legal or audit experience.
In today's world, professionals from a multitude of disciplines have found
themselves in positions of compliance responsibilities.
Why Should you
Attend:
Sooner or later, every compliance
professional will face situations and scenarios where they feel their
independence and objectivity related to an issue may be impaired. They may feel
pressured by management to minimize their report finding or in some cases, look
the other way. When this occurs they are faced with the dilemma of "what do I
do" or "how do I handle this situation".
These are the types of situations
that our University programs do not prepare us for. Experience can often be the
best teacher. However, all individuals should be armed with some basic concepts
that will prepare them to choose the right path when such difficult situations
occur.
Objectives of the
Presentation:
The
requirements of professional skepticism
Compliance
rules defining independent roles
Identifying
the difference between legality and ethics
The
top five techniques to ensure the compliance roles independence
The
top five techniques to assist when employing objectivity
What
to do when management challenges you
Who can Benefit:
Chief
Compliance Officers
Chief
Risk Officers
Chief
Legal Officers
Chief
Audit Executives
Internal
Auditors
Risk
professionals
Compliance
professionals
Quality
assurance professionals |