Foreign Corrupt Practices Act
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Summarize what the Foreign Corrupt Practices Act (FCPA) is about.
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Define “bribery,” as outlined by the FCPA.
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List some of the private persons considered to be government employees by the FCPA.
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Describe the role of the board of directors as it pertains to internal accounting controls.
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Identify some of the “red flags” that demand further scrutiny
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Outline what provisions consultancy agreements should include.
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Discuss “willful ignorance”
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Summarize the Books and Records and Internal Control provisions of the FCPA.- List the four recommended internal accounting controls.
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Identify what accounting policies should address.
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Summarize the “grease” exception to anti-bribery provisions.
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Define “routine governmental actions” and outline what these actions cover.
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