1 CPE In this course we review the core concepts of the U.S. Foreign Corrupt Practices Act (FCPA), one of the most challenging laws for U.S. companies to comply with, and also one of the government’s most-enforced laws.
We start with a brief overview of the history and purpose of the law, and then discuss the basic provisions of the FCPA, including the “books and records” provisions. Following this we discuss what constitutes a “foreign government official,” as well as the types of corruption that the FPCA does and does not cover, as well as ways that companies may inadvertently violate the FCPA. We discuss penalties and current enforcement themes. Finally, we present the elements of an effective FCPA compliance program and provide practical suggestions on how to avoid potential problems.
This course serves as overview for accounting, finance, tax, and treasury professionals who want an overview of this law or would like a refresher, as well as practical insights on how to avoid FCPA problems.
Learning Objectives
- Recognize the basic concepts of the FCPA and identify when FCPA issues may arise
- Identify who is and who is not a “government official” under the law
- Identify the types of corruption and bribery that the law is attempting to prohibit
- Recognize the steps necessary to create a defensible FCPA compliance program
- Recognize some of the penalties and other negative consequences of FCPA enforcement
Last updated/reviewed: March 27, 2024
45 Reviews (171 ratings)
Reviews
Anonymous
()
This course went above and beyond my expectations. It featured meticulously organized, compelling, and hands-on content. The instructor's deep knowledge and effective communication demystified intricate ideas. Both quizzes and the final examination strengthened comprehension. This course is an invaluable asset for those aiming to establish a solid foundation in this field.
Anonymous
(Owner)
An enlightening look at the FCPA. This course covers not only what the FCPA does, but also what companies need to be aware of when doing any work internationally (not just running a business, but employee travel). Great tips on how to avoid costly consequences to violating the FCPA.
James Faranda
(Auditor at CBP DHS GOV)
good coverage of facilitating payments and how you can pay a small amount to a government employee to do what he/she is already supposed to do. Sometimes customs officials delay paperwork processing looking for a facilitating payment.
Anonymous
(None)
Helpful overview of FCPA and areas where companies get tripped up. Would be interesting to add a case study or two with the analysis, or perhaps elaborate on the facts and circumstances around 1-2 recent cases settled.
Anonymous
(Staff Accountant)
Great course outlining what the FCPA is and how it's enforced. Real world examples showing what is acceptable and what is not. Also includes best practices to avoid any infractions.
Anonymous
(Finance Manager)
A few years old, but a good course to remind us of the importance of the Foreign Corrupt Practices Act. The course instructor was very knowledgeable and had experience with the FCPA.
Anonymous
(Finance Consultant)
Enjoyed the background provided before entering into the specifics. This enhanced my understanding and this is a topic I'll seek to be very mindful of going forward. Thank you!
Robert Cheseman
(Accountant at Charter Communications)
Good overview of FCPA and the pitfalls that many companies face. Really illustrates how important it is to have internal controls when operating in foreign countries.
Liam Gordon
(Dash 8 First Officer at Central Mountain Air)
Helpful overview of the FCPA, some considerations as to different situations as to where it may arise, and consequences of violations.
Anonymous
(Head of Internal Audit)
Important topic, applicable worldwide. though not so much in Europe, but the ideas of the act are right. Good presentation
Tracey Fischer
(Senior Internal Auditor at Self)
This webinar was a tremendously helpful introduction to the FCPA. It will make me much more aware of potential exposure.
Anonymous
(Controller)
Instructor presented info easy to understand. Good examples provided. Laid out important points in great summary fashion.
Anonymous
()
It was a well-presented session; the presenter kept it interesting by citing relevant case law and examples.
Anonymous
(-)
Very informative. Would be helpful to have more functional case studies to understand real life scenarios.
Anonymous
()
This class was really interesting. I liked how there was proper application to various examples.
Anonymous
(Senior Associate IA)
I think the instructor does a great job explaining the information and providing good examples.
Stephen Sylvester
(Freelance Writer at Private)
Rather dry presentation, but excellent material and very clear. Good overview of the topic.
Mercedes Maldonado
(Chief Strategist at Meveau)
The instructor took a very pragmatic approach to discuss corrupt practices. Very effective.
Antonio Crawford
(Senior Internal Auditor - Budget/Busines.. at Individual)
Just one word excellent. All the basic info needed to start a FCP program at any company.
Bryan Chamberlain
(Controller at N/A)
I really enjoyed learning about this topic, and know that it is relevant to my company.
Anonymous
(Auditor)
Good course overall. This will be helpful with the everyone focusing on forced labor..
Ali Hasnat
(Partner Risk Services at RNI Consulting)
Very logical explanation of FCPA requirements. I wish I had done it a long time ago.
Joshua Thomas
(Senior Auditor at CBP DHS GOV)
The course provided me with more insight regarding Foreign
Corruption. Great course!
Mark Quinn
(CFO at AlkemyX)
Interesting course providing a good overview of the issues surrounding the FCPA.
Anonymous
(CPA)
Excellent presentation of the key concepts of the Foreign Corrupt Practices Act.
Tim Flake
(Financial & Accounting Consultant at DLC Consulting)
The course provided good background regarding FCPA rules and potential penalties.
John McNabb
(not relavant at Confidential)
outdated with 2013 data - don't think FCPA enforcement has increased under Trump
Inna Shmukler
(Controller at Fornetix LLC)
Informative and well-presented. Provides a very good overview of the FCPA act.
Tom Winson
(Supervisor at RSM)
Good course on FCPA. Instructor has great delivery and made it interesting.
Anonymous
()
Great course of U.S foreign corrupt practices act which added value to me
Anonymous
(cfo - consultant)
Great examples of situations.
Must course for all business personnel!
Matt Brewer
(Division Controller at Universal Forest Products)
Really good info and helpful scenarios in the questions at the end.
Anonymous
(Associate)
Good information. Materials are a bits sparse but well laid out.
Anonymous
(Income Tax Senior)
This was a good course on the US foreign corrupt practices act.
Anonymous
(Manager Operations (Governance, Risk &am..)
Very well articulated and basic things about FCPA process.
Christopher Hole
(Director of Internal Audit at Roseburg Forest Products)
Nice concise overview of FCPA definitions and enforcement.
Jennifer Rowland
(CFO at Pellucere Technologies)
would love more examples of grey lines but good course
Anonymous
()
Very interesting course with a knowledgeable instructor.
Anonymous
(Consultant - Process Specialist)
Good talk, but hope the speaker provided more samples.
Muhammad Baig
(Managing Director at N/A)
Excellent short course, with all relevant information.
Anonymous
(finance controller /Director)
Ceo can make boondoggle of complete for small company.
Anonymous
(Associate Professor)
Speaker cited specific cases which I found helpful
Tim Philips
(Controller at Self)
A must for anyone doing business internationally
Anonymous
(CFO)
very informative course
Anonymous
(Sr. Institutional Fixed Income Trader)
Thanks
Prerequisites
Course Complexity: Advanced
Prerequisite: Exposure to the US Foreign Corrupt Practices Act
Advanced Preparation: None
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Doris NagelCEO
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