The Foreign Corrupt Practices Act can seriously impact the business operations of many corporations, especially Securities and
Question:
The Foreign Corrupt Practices Act can seriously impact the business operations of many corporations, especially Securities and Exchange Commission registrants who are subject both to the unlawful influence and to the internal control and record-keeping provisions of the Act. Assume you are the manager of internal auditing for a publicly traded multinational corporation that manufactures and distributes aluminum alloy products throughout the world. The corporation's chief executive officer requests that you draft a plan for complying with the Foreign Corrupt Practices Act.
Required:
Draft a plan for complying with the FCPA. The plan should emphasize a strategy for encouraging and monitoring compliance with the Act, rather than detailed procedures for complying with specific provisions of the Act.
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