Compliance Program Effectiveness Reviews
The Federal Sentencing Guidelines (The Guidelines) state, “an effective compliance program prevents and detects violations of law.” The Guidelines also go on to say that a program should be “reasonably designed, implemented, and enforced so that it generally will be effective in preventing and detecting criminal conduct.”
Many organizations make the mistake of believing that if their compliance program contains the seven basic OIG elements, it must be “effective.” This is not always true.
The elements of an effective program also need to be designed well and integrated into the daily operations of the organization.
Proper implementation, documented support by senior management, and appropriate resources for everyone in the organization are also key elements that many organizations overlook.
At Consolidated Compliance, LLC, we audit all elements of your compliance program with the explicit intent of determining its effectiveness. We go beyond just cursory checks and monitoring to ensure your program contributes to the increased performance and growth of your organization.
