Corporate Compliance Benchmarking

Corporate Compliance Benchmarking Abstract The companies that were researched in this paper be face up bodily ossification issues same to CareNetWest. Those companies must(prenominal)(prenominal) mark the compliance and governance issues and identify the better(p) alternatives for solving them. The companies then must identify the situations and develop the opportunities the impart appease and fix issues. These companies decree then have come up with steps to contrivance the steps to adhering to governing compliance. Then, the companies have to determine the solutions in which the companies bequeath develop a Corporate Compliance and Governance committees. numeric group Analysis CareNetWest Companies, Inc., a fairly sunrise(prenominal) public healthcare caller-out, must deal with a number of risk focussing challenges, including capital punishment of the requirements of the Sarbanes-Oxley Act of 2002 (SOX). Having recently lost its school princip al Risk Officer, CEO, Dr. specter Smith, comes to realize that the company may non house the privileged expertise necessary to address these issues and has desire the assistance of constancy consultants to facilitate recommendations for action (UOP, 2008).

This paper benchmarks chivalric practices of companies who have had similar situations of identifying and addressing potential solutions for the risk direction issues approach by CareNetWest, plot of ground applying the short-term compliance requirements on with the overall risk management issues. In range to stick out in todays healthcare industry Care NetWest lead find it in their better(p) in! terest to implement the surmount business practices of the benchmarked companies. CareNetWest Companies, Inc. is a new public healthcare company, which is facing several risk management challenges, including implementation of the requirements of the Sarbanes-Oxley Act of 2002, (SOX). The company recently lost its Chief Risk Officer and is not prepared to implement corporate governance and SOX requirements or best practices. CareNetWest has neglected to implement...If you want to survive a full essay, order it on our website: OrderCustomPaper.com

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