In this course we will discuss why compliance is important – from the needs facing businesses in highly regulated industries to avoiding fines and penalties to preventing reputational and economic nightmares
About this Course:
Compliance isn’t only about preventing problems and ensuring that everyone is abiding by laws, rules, and regulations. It’s also about the positive impact a robust and ethical compliance program can have on a business or organization.
In this course we will discuss why compliance is important – from the needs facing businesses in highly regulated industries to avoiding fines and penalties to preventing reputational and economic nightmares.
We’ll examine real-world examples of compliance and governance failures and their impact, and consider strategies for avoiding similar situations in our own organizations. You’ll be able to think about risk management in new ways and apply strategies to manage it.
What you will learn:
Define compliance within an industry setting
Describe the ways in which compliance affects any industry, company, or organization
Identify the reasons industries, companies, and organizations should engage in compliance
Examine the importance of compliance in supporting the financial, reputational, and functional aspects of an industry, company, or organization
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Streamline the most critical human resource (HR) processes and be in compliance with U.S. employment regulations.