PENALTIES - CIVIL & CRIMINAL
There are statutes that impose penalties both civil and criminal for government contractors who commit fraud, waste or abuse. Some of those statutes are as follows:
False Claims Act;
False Statements Act;
Forfeiture Statute;
Anti-Kickback Act
Bribery and Gratuities statutes;
Mail and Wire Fraud statutes; and the Public Integrity Act and recent legislative initiatives to strengthen criminal penalties for violations of conflict of interest laws. (Peckar & Abramson, 2007)
The government has the right to audit the records of the contractor for up to three years following a contract for the government being completed. Companies with contracts exceeding $5 million are required to: (1) post a fraud hotline poster; (2) establish a written code of ethics; (3) establish an employee ethics and compliance training program; and (4) establish an internal control system. (New Rule for Government Contractors, nd)
SUMMARY & CONCLUSION
The Corporate Compliance...
Corporate Compliance Plan: Riordan Manufacturing Our company, Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. While the introduction of ethics into the curriculum is laudable, it really is not what corporate compliance is about. In a sense compliance is beyond ethics -- not
Regardless of the actual operation being run at a time or the other, Riordan Manufacturing respects the regulations instated for all types of activities. We respect the right of our staff members; we respect the rights of the communities in which we operate and we function in full accordance with the national and international stipulations. We condemn any type of sexual or otherwise discrimination or any type of illegal treatment of
Employee benefit packages (especially healthcare and other areas of governmentally-mandated benefits) and pension plans must be carefully and conscientiously maintained, with the primary -- even the sole -- purpose of providing Riordan Manufacturing's most important resources with the incentives and the capabilities of remaining productive and contented members of the organization. Compliance in these areas automatically follows from the proper treatment of the company's employees; instituting a company-wide policy
Riordan Compliance Plan Compliance Plan for Riordan Corporation Compliance Plan for Riordan Manufacturing Riordan Manufacturing is a plastic design and manufacturing enterprise that is based at San Jose, CA. It is classified amongst Fortune 100 enterprises with its $1 billion worth of capital base. The company has been on expansionary mission, which has led to other branches being opened at Albany, Pontiac, and Hangzhou in China. In addition, the amount of transactions carried
Riordan A Corporate Compliance and Enterprise Risk Management Plan for Riordan Manufacturing Riordan Manufacturing is a wholly owned subsidiary of the Fortune 1000 company Riordan Industries, and is engaged in the manufacturing of a variety of finished plastic goods and parts for use in other finished products that the company as been contracted to provide. The company has been highly successful utilizing a global network of manufacturing and distribution to maximize profitability
Compliance Project This memo serves as a summary and a justification of the training associated with the current compliance project that is underway with Acme Corporation. This report will contain the name of the project, a brief description of the project, an identification of the stakeholders directly or indirectly involved in the project, the overall objective and expected or desired outcomes of the project, how success will be determined and defined
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now