Regulatory Compliance Essays (Examples)

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Essay
Databases and Regulatory Compliance Challenges
Pages: 13 Words: 3434

Databases and egulatory Compliance Challenges
The advent of technology has increased the popularity of database usage in firms, yet the legislation regulating the field has yet to be finalized. The changing nature of the IT sector, coupled with the legislative traits, creates several situations in which the companies find it difficult to comply with the regulations. This paper recognizes some of those difficulties, and also proposes some solutions.

Databases

egulatory challenges for databases

No sector in the modern day society evolves as rapidly as the technologic domain. And the innovations developed at this level come to impact all aspects of life, from the spending of the leisure time to the completion of the most challenging professional tasks.

The applications of technology within the contemporaneous society are numerous and complex, one specific example in this sense being represented by superior capabilities for data management. The management of the information integrates the multitude of tools and process…...

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References:

Rouse, M. (2006). Database. Search SQL Server.   accessed on October 23, 2012http://searchsqlserver.techtarget.com/definition/database 

Thomas, J. The advantages of using a database. Life123.   accessed on October 25, 2012http://www.life123.com/technology/computer-software/database-software/advantages-of-using-a-database.shtml 

(2006). Regulatory compliance and database management. Sandhill Consultants.   accessed on October 26, 2012http://www.sandhillconsultants.com/whitepapers/regulatory_compliance_and_database_management_whitepaper.pdf 

(2012). Database regulatory and compliance issues. Altius IT.   accessed on October 25, 2012http://www.altiusit.com/files/articles/articlewpdatabase.htm 

Essay
Regulatory Compliance Costs What Impact
Pages: 5 Words: 1645


The purpose of this research is to fill in the gap discovered in the literature review. The impact the Sarbanes-Oxley Act on companies is measurable. However, not much is known about how these companies adjusted in order to absorb the impact of compliance. In order fully to understand the impact of Sarbanes-Oxley on corporations, one must understand how they absorbed the expenses and the impact that it may have had on other departments. This research focuses on the methods used to negate the consequences of compliance with Sarbanes-Oxley.

eferences

Carpenter, T., Fennema, M., Fretwell, P., & Hillison, W. (2004). A Changing Corporate Culture. How Companies are adjusting to Sarbanes-Oxley. Journal of Accountancy. March 2004. etrieved February 8, 2009 at http://www.journalofaccountancy.com/Issues/2004/Mar/AChangingCorporateCulture.htm

Crosley, G. (2005). Selling to Audit Committees. Journal of Accountancy. February 2005. etrieved February 8, 2009 at http://www.journalofaccountancy.com/Issues/2005/Feb/SellingToAuditCommittees.htm

Daks, M. (2006). Companies 'Go Dark' to Avoid SOX Compliance, New Jersey Law Journal, Aug. 3,…...

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References

Carpenter, T., Fennema, M., Fretwell, P., & Hillison, W. (2004). A Changing Corporate Culture. How Companies are adjusting to Sarbanes-Oxley. Journal of Accountancy. March 2004. Retrieved February 8, 2009 at  http://www.journalofaccountancy.com/Issues/2004/Mar/AChangingCorporateCulture.htm 

Crosley, G. (2005). Selling to Audit Committees. Journal of Accountancy. February 2005. Retrieved February 8, 2009 at  http://www.journalofaccountancy.com/Issues/2005/Feb/SellingToAuditCommittees.htm 

Daks, M. (2006). Companies 'Go Dark' to Avoid SOX Compliance, New Jersey Law Journal, Aug. 3, 2006. Retrieved February 8, 2009 at ( http://www.law.com/jsp/ihc/PubArticleIHC.jsp?id=1154509535896 ).

Edison, a / (2006). Exploring the Impact of Sarbanes-Oxley. Oil & Gas Financial Journal. 3 (10). Retrieved February 8, 2009 at  http://www.ogfj.com/display_article/275018/82/ARCHI/none/none/1/Exploring-the-impact-of-Sarbanes-Oxley/

Essay
Compliance Manager in the Healthcare Industry
Pages: 7 Words: 1981

Compliance Manager
THE COMPANY OVERSEER

Compliance Manager in the Healthcare Industry

Job Description

The Compliance Manager oversees compliance throughout the healthcare company as an objective and independent function (ACHE, 2012). He makes sure that the board of directors, the management and all the employees thoroughly comply with the rules and regulations of regulatory agencies; that the company policies and procedures are completely followed; and the behavior in the organization follows its standards of conduct. His office receives and endorses compliance matters and issues to the appropriate person or office for investigation and implementation or resolution. It is also the final internal resource to deal with when all formal channels and resources have been exhausted. The Compliance Manager or Officer is a member of the staff of the CEO and the oard of Trustee's Corporate Compliance Committee. He monitors and reports the results of the compliance actions and provides guidance and background information to the…...

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BIBLIOGRAPHY

ACHE (2012). Position description -- chief compliance officer. American College of Healthcare Executives: ACHE. Retrieved on June 8, 2012 from  http://www.ache.org/newclub/career/comploff.cfm 

Andrews, A. (2011). The future of healthcare: regulation and compliance. Modern Health Care: Crain Communications, Inc. Retrieved on June 10, 2012 from  http://www.modernhealthcare.com/article/20110725/supplement/110729994 

Ingram, D. (2012). A job description of a compliance coordinator. eHow: Demand

Media, Inc. Retrieved on June 10, 2012 from http://www.ehow.com/about_6085641_job-description-compliance-coordinator.html

Essay
Functions and Mandates of Regulatory Bodies in Accounting and Audit Practices
Pages: 3 Words: 915

egulatory and Compliance
Auditors, consultants and security professional owe to their clients stakeholders a duty of care in the performance of their duties. The duty of care requires these professionals to observe prudence in all circumstances regarding their actions and evaluations (Boynton & Johnson, 2006).

Contribution of the PCAOB towards Independence of Auditors of Public Companies

It is sometimes ignored the contributions made by PCAOB towards improving corporate governance in public companies by generating better focus upon accounting and audit practices. A series of failures in the various functions of a public corporation to protect the investing interest of public corporations contributed the creation and enactment of Sarbanes-Oxley Act (SOX). Despite there being criticisms against the effects of PCAOB the board has contributed towards a higher degree of professionalism on public corporation auditors. An Important contribution of the board towards this independence is through the assertion that the audit companies should be subject…...

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References

Boynton, W. C., & Johnson, R. N. (2006). Modern Auditing: Assurance services and the integrity of financial reporting (8th ed.). Hoboken: NJ: Wiley.

Donna, M. N. (2010). The PCAOB a "Heavily Controlled Component" of the SEC?: An Essential Question in the Constitutional Controversy Faculty Publications. Paper 35 Indiana University Maurer School of Law Indiana.

Farrell, G. (2006). Corporate Crooks: How Rogue Executives Ripped Off America. Amherst, NY:: Prometheus Books.

Greiling, D. (2006). Performance measurement: a remedy for increasing the efficiency of public services? International Journal of Productivity and Performance Management, 55(6), 448-465.

Essay
Compliance Manager Operates as an Independent Office
Pages: 3 Words: 887

Compliance Manager operates as an independent office within the corporation. This means that the compliance manager does not work under any of the management personnel. The reason for this is that the compliance manager must be able to maintain independent oversight of all levels within the company. The only way to achieve that is through full independence of the compliance manager. Compliance managers of individual firms are given oversight by the Dubai Financial Services Authority.
A "governance culture" can refer to a culture that places primacy on good governance as a means of doing business. The underlying view of this culture is that good governance provides investors the security that they need to feel comfortable investing their money. This will attract more investors, and more capital into the banking system. The world's largest and most robust banking systems all feature a culture of governance, and those that have been troubled by…...

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Works Cited:

DFSA. (2013) website, various pages. Retrieved March 9, 2013 from   / AboutUs/WhyWeAreHere / WhyWeAreHere.aspx http://www.dfsa.ae/Pages 

Essay
Regulatory Influences on Curriculum
Pages: 3 Words: 926

Regulatory Influences on Curriculum
Curriculum development and learning drivies learning in the nursing discipline. In this vein, the NLNAC and the National League of Nursing (NLN) do this in the various states. By using case studies, their impact upon curriculum development/revision within the nursing discipline will be analyzed by the author in this short essay. These regulatory agencies will be analyzed and the author will explore which of their subcomponents set policy and standards related to required curriculum content and development.

Unfortunately, the impact is not always positive. Indeed, there have been many bureaucratic barriers that have been erected in the way of effective curriculum development. In this essay's literature review, the importance of graduate education will noted and seconded. However, what disturbs this author is the lack of emphasis upon basic nursing education, especially in the LPN and four-year nursing ranks. This issue will also be addressed.

The mission of most any…...

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Works Cited

Shultz, C.M. (2011). Embrace diverse pathways to advanced nursing practice:

let's not throw out the baby with the bathwater. Nursing Education

Perspectives, 32(3), 145.

Holly, C. (2009). The case for distance education in nursing. MERLOT Journal of Online Learning and Teaching, 5(2), 506-510.

Essay
Regulatory Measures involving 1984 Sentencing Reform Act
Pages: 3 Words: 1028

Regulatory Measures Events that led to implementation of various regulatory measures
The implementation of the 1984 Sentencing Reform Act called for the establishment of Federal Sentencing Guidelines for Organizations (FSGO). The United States Sentencing Commission decided to come up with these guidelines targeted at individuals and firms. The key aim was crime prevention and decreasing disparities in sentencing. (Mercer, 2003). At first, in the year 1991, the idea of organizational punishment mitigation was introduced, for cooperation and effective adherence to the program.
The 2002 federal regulation, SOX (Sarbanes-Oxley Act), put extensive financial and auditing related regulations in place for publicly-traded organizations. The chief goal was regulation of corporate practices like financial reporting at such corporations.
The Consumer Financial Protection Bureau (CFPB), instituted as part of the 2010 Consumer Protection Act and the Dodd-Frank Wall Street Reform, is responsible for the oversight of federal financial regulations expressly protecting consumers (i.e., individuals who store the money they own in credit unions and…...

Essay
Riordan Compliance Plan Compliance Plan for Riordan
Pages: 5 Words: 1599

iordan Compliance Plan
Compliance Plan for iordan Corporation

Compliance Plan for iordan Manufacturing

iordan 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 out through e-commerce has almost doubled in a span of less than two years. As such, the management discovered the necessity to initiate an enterprise risk management (EM) program as part of the strategy to take care of the uncertainties; also assured stakeholders of the value in their investments. Consequently, the company's management reached a consensus to implement EM basing on the internationally acclimated guidelines offered by a Committee of Sponsoring Organization of the Treadway Commission (COSO).

The COSO design was…...

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References

Committee of Sponsoring Organizations of the Treadway Commission. (2010). Coso. Retrieved from:  http://www.coso.org/ 

Steinberg, Richard. (2006). Using the New COSO Risk-Management Guidance. Compliance Week Columnist

University of Phoenix (2006). Virtual organization: Riordan Manufacturing. Retrieved from Business Law website

Steinberg, Richard. (2006). Using the New COSO Risk-Management Guidance. Compliance Week Columnist

Essay
Financial Accounting and Compliance
Pages: 5 Words: 1576

Financial Accounting egulatory Compliance
The roles of the Board of Directors and Chief Executive Officer of a public company are invaluable in establishing an ethical environment that generates quality accounting and reliable financial reporting for shareholders and investors. In fact, their involvement in this important issue largely pertains to corporate structure and corporate governance. Understanding that structure requires cognizance of the fact that when a company is publicly traded, it is technically owned by the shareholders. Shareholders, of course, are the many different people who own public stock in a corporation. In that respect, everyone who works for the corporation actually works for the shareholders. The next level up in corporate governance is the employees who work for the corporation, and who are responsible for the daily operation of it. These are the people who are actually responsible for implementing the measures ordained by their superiors -- the Chief Executive Officer…...

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References

Hanna, J. (2014). The costs and benefits of Sarbanes-Oxley. www.forbes.com Retrieved from  http://www.forbes.com/sites/hbsworkingknowledge/2014/03/10/the-costs-and-benefits-of-sarbanes-oxley/#483d803d2776 

Harper, J. (2016). "More than just data": The impact of Bayesian machine learning on predictive modeling.   Retrieved from https://analyticsweek.com 

Essay
Customer Satisfaction and Compliance
Pages: 2 Words: 628

Patients ights
How to communicate and implement this regulation?

Patient rights are continually changing due to varying circumstances prevailing in the market place. For one, a more diverse group of insured patients are now receiving care. Due to the changing demographic of customers, patient's rights will need to be modified to accommodate these changing needs. To communication this regulation, routine meeting will be established. During these meetings, a trial period will be conducted to allow for grievances to be expressed. These routine meetings will be designed to notify practitioners, management, and other stakeholders to the impending changes that will occur. These meetings will be informal in there delivery to allow for a proper dialogue between all stakeholder groups. In particular, it is important to discuss problems with implementing this new regulation on a large scale. Health care facilities have many different nuances and aspects to them. As a result, the regulation could…...

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References:

Greengard, Samuel (1 February 2013). "A New Model for Healthcare" (PDF).Communications of the ACM. 56 (2): 2009.

Essay
Against Strict Compliance Arguments for
Pages: 6 Words: 1882

The enactment of the Sarbanes-Oxley Act has brought exponentially higher costs of operating to every organization that must comply to its requirements. As many organizations are already quite lean in terms of headcount to minimize costs, many outsource compliance and the resulting business process management (BPO) activities to outsourcing organizations. Ironically legislation meant to bring American companies into higher levels of compliance continues to be one of the most lucrative businesses globally for outsourcing companies. Business Process Outsourcing (BPO) continues to accelerate as organizations spend heavily to gain access to expertise they do not have the funds to hire or the resources to fully take advantage of. The costs of compliance and governance and the risks associated with it paradoxically create higher levels of risk for organizations the laws were meant to protect and infuse with stability. Yet for all the costs of compliance, the benefits to organizations have…...

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References

David Antony Detomasi 2007. The Multinational Corporation and Global Governance: Modeling Global Public Policy Networks. Journal of Business Ethics 71, no. 3 (March 1): 321-334.   (Accessed January 4, 2008).http://www.proquest.com 

Tim V Eaton, Michael D. Akers. 2007. Whistleblowing and Good Governance. The CPA Journal 77, no. 6 (June 1): 66-71.

Essay
Regulatory Law With Regard to
Pages: 2 Words: 692


he study illustrates through the use of many other situations as examples that the government is not upholding and enforcing the ESA the way it should be when it comes to fresh water mussels and their current threat of extinction.

ANALYSIS

his study was extremely thorough and dedicated to providing the most information possible in its completion.

It incorporated an educational component in which it explored the law as well as the fresh mussel species.

Because of the method it used in examining the problem through a case study that held fresh mussels and their plight against hundreds of similar situations, and pointed out the differences and outcomes in those situations this case study should be considered thorough and well done research.

he public and private sector can use this study in decision making when it comes to current and future development questions in their areas.

One example would be a land developer that wanted to…...

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This study was an excellent example of how a well done piece of research can provide answers for everyone that has an interest in a topic, regardless of the "side" one is on.

REFERENCE

Biber, Eric (2002) the application of the Endangered Species Act to the protection of freshwater mussels: a case study. Environmental Law

Essay
Compliance Issue
Pages: 2 Words: 668

Ethical Dilemma on Enforcing the Sarbanes-Oxley Act
As the controller of a medium-size manufacturing company, I have developed an effective accounting and internal control systems. This has been achieved through keeping the staffs updated on changes in the accounting industry and diligently updating the systems to comply with new accounting standards. As a result, the company has been regularly complimented for thorough procedures by the external auditor who has been reviewing its books for more than a decade. However, the enactment of the Sarbanes-Oxley Act has initiated several changes and extra work for the firm because it focuses on testing internal control systems. Based on their interpretation, the auditors have suggested costly improvements to the systems and expanded the scope of the audit engagement, which contributes to increased fees. The partner in charge has stated that it is better to make mistakes in implementation rather than risk non-compliance since the new…...

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Works Cited

John, David C., and Nancy M. Marano. "The Sarbanes-Oxley Act: Do We Need a Regulatory or Legislative Fix?" The Heritage Foundation. The Heritage Foundation, 16 May 2007. Web. 29 Sept. 2014. .

McCarthy, Ed. "Tips for the Sarbanes-Oxley Learning Curve." Journal of Accountancy (2004). Journal of Accountancy. American Institute of Certified Public Accountants, June 2004. Web. 30 Sept. 2014. .

Essay
FINRA the Financial Industry Regulatory
Pages: 2 Words: 545


FINRA believes, however, in going beyond regulation. A stated mandate of FINRA is to improve investor education, because FINRA believes that "investor protection begins with education" (FINRA website, 2010). FINRA has set up an Investor Education Foundation, which in 2009 spend $46 million on improving investor education about the markets.

FINRA believes that the markets should be fair for all participants. The body feels that this will ensure investors have as many choices as possible for their money. In addition, FINRA believes in taking a proactive approach to regulatory issues, because this will enhance its mission of consumer protection (Ibid).

FINRA was set up by the two major exchanges in part because of the need to ensure that the markets are fair and are regulated efficiently and effectively. Stock markets today compete globally for capital and FINRA is a natural response to the need of U.S. markets to gain competitive advantage by…...

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Works Cited:

FINRA website, various pages. (2010). http://finra.complinet.com/

Hansard, S. (2008). Brokers, advisers blast FINRA proposal. Investment News. Retrieved April 10, 2010 from  http://www.investmentnews.com/article/20080630/REG/96327665

Essay
Nice Standards Nice Compliance Standards Review Nice
Pages: 10 Words: 2746

NICE Standards
NICE Compliance Standards eview

NICE has developed a set of guidelines and standards to help minimize the risk of VTE and ensure healthcare protocols are in place to educate patients about the risks of VTE. The purpose of this literature review is to examine a tool to access a Hospital Trust compliance with the National Institute of Clinical Excellence (NICE) published standards on Venous thromboembolism (VTE) prevention. The tool will have the capability to monitor, report, and disseminate relevant information.

National Institute for Clinical Excellence

The National Institute for Health and Clinical Excellence, or NICE, is an institution whose goals including providing clinical quality guidelines and standards to help manage a nationwide database. The purpose of this database includes help improve total healthcare at multiple levels, including at the cardiovascular, vascular, mental, neurological at other levels of health (NICE, 2011). The goals of NICE include prevention of disease, treating disease, and monitoring…...

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References:

Department of Health (DH). (2010 March). "Venous Thromboembolism (VTE) Risk

Assessment." Department of Health. Retrieved July 23, 2011: Publications PolicyAndGuidance

NHS Evidence. (2011). NHS Evidence: Evidence in Health and Social Care. NHS Evidence,

Retrieved July 23, 2011:  http://www.evidence.nhs.uk/

Q/A
Could you help me draft an essay outline about Explain community-based services which are subject to UK registration and inspection?
Words: 499

I. Introduction
A. Definition of community-based services
B. Importance of registration and inspection in ensuring quality and safety

II. Types of community-based services subject to UK registration and inspection
A. Healthcare services
1. Home care agencies
2. Community nursing services
B. Social care services
1. Day care centers
2. Supported living accommodations
C. Education and training services
1. Adult education centers
2. After-school programs

III. Registration process for community-based services in the UK
A. Requirements for registration
1. Evidence of qualifications and experience
2. Criminal background checks
B. Application process
1. Submission of application form
2. Site visit and assessment by regulatory body

IV. Inspection process for community-based services in the UK
A. Role of regulatory bodies in conducting inspections
1.....

Q/A
can the running cost of a commercial green building justify the higher initial capital invested in a commercial green building?
Words: 410

Yes, the running cost of a commercial green building can justify the higher initial capital invested in it.

Here are some reasons why:

1. Energy Efficiency: Commercial green buildings are designed to be energy efficient, which means they consume less energy for heating, cooling, and lighting compared to traditional buildings. This results in lower energy bills, reducing the overall running cost of the building.

2. Water Efficiency: Green buildings use water-saving fixtures and technologies, such as low-flow toilets and rainwater harvesting systems. This leads to lower water bills and reduced operational costs.

3. Maintenance Savings: Green buildings typically use high-quality materials and systems....

Q/A
Can you outline the major advantages and disadvantages of using electronic health records in healthcare settings?
Words: 403

Advantages:
1. Improved efficiency and workflow: Electronic health records (EHRs) streamline the documentation process and allow for faster access to patient information, leading to more efficient healthcare delivery.
2. Enhanced patient care: EHRs provide healthcare providers with comprehensive and up-to-date patient information, enabling better decision-making and coordination of care.
3. Increased accuracy and completeness of records: EHRs reduce the likelihood of errors and duplicative documentation, leading to more accurate and complete patient records.
4. Improved communication and collaboration: EHRs facilitate communication and information-sharing among healthcare providers, leading to better coordination of care and improved patient outcomes.
5. Better data management and analysis: EHRs enable healthcare....

Q/A
In light of the Yahoo! Inc. v. LICRA case, how can developing countries strike a balance between upholding national sovereignty and promoting global trade in the digital economy, particularly when regulating online platforms that may operate across multiple jurisdictions? Write a policy proposal to the Minister in charge of the State Department of Technology and Trade advancing your policy position
Words: 430

Policy Proposal

To: Minister of the State Department of Technology and Trade
From: [Your Name]
Date: [Date]

Subject: Striking a Balance between National Sovereignty and Global Trade in the Digital Economy

Introduction:

The digital economy is rapidly growing and playing a crucial role in the global trade landscape. Online platforms operate across multiple jurisdictions, presenting challenges for developing countries in regulating these platforms while upholding national sovereignty. The Yahoo! Inc. v. LICRA case highlights the complexities of balancing these interests. It is essential for developing countries to adopt a policy framework that addresses these challenges effectively.

Policy Position:

I propose a multi-faceted approach to strike a balance....

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