Governance, risk and compliance (GRC)
Recent regulatory enactments have altered the corporate governance landscape. Organizations are held accountable for accuracy and integrity in their business operations, and they must have effective and reliable governance and compliance procedures in place.
Grant Thornton helps companies:
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understand and comply with regulatory requirements
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implement the right corporate governance framework in regard to these regulations
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establish appropriate compliance practices
Our services include:
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Anti-money laundering and Foreign Corrupt Practices Act compliance – Guide you through the complexities of anti-bribery and anti-corruption regulations to help ensure you do not become the complicit partners in money laundering or the illegal influence of foreign officials.
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Cybersecurity - Assess your organization's requirements around security, privacy and protection.
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Enterprise risk management (ERM) – Strategically identify, analyze and monitor potential risks to your organization.
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Fraud assessment and controls – Evaluate fraud risk factors at business unit and significant account level; determine if controls exist to mitigate and are effective.
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Governance and regulatory compliance – Review and assess your regulatory compliance processes, assess the regulatory concerns and recommend the necessary improvements required to successfully satisfy regulatory mandates.
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Internal audit – Assess your control environment and safeguard business assets and processes, including those that protect data and IT systems.
- Licensing, royalty, cost and pricing compliance – Determine contractual compliance and assist with dispute resolution.
- Payment Card Industry Data Security Standard (PCI DSS) – Evaluate your current technology environment and prepare for the standard
- Red Flags Rule compliance - Bring your organization up to speed on the Red Flags Rule and determine compliance strategy to help combat identity theft.
- Sarbanes-Oxley (SOX) consulting – Comply with the financial disclosure and internal control requirements of the Sarbanes-Oxley Act of 2002 and related Securities and Exchange Commission (SEC) rules.
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FERC 741, a new regulatory requirement
In the wake of the global financial crisis and the passage of Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010, the Federal Energy Regulatory Commission issued Order 741, Final Rule Regarding Credit Reforms in Organized Wholesale Electric Markets (FERC 741).
The order requires each independent system and regional transmission operator (ISO and RTO) to adopt certain market clearing and credit reforms designed to protect organized wholesale electric markets from default by a market participant.
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Top three governance considerations for 2012
Board members face many issues in today’s complex business environment, and they are challenged to focus on the items most relevant to their organizations. As we head into a new calendar year, Grant Thornton LLP’s Advisory Services practice offers the top three governance considerations for 2012.
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Covering your assets: A proactive approach to securing sensitive data
Now more than ever before, organizations understand that failure to comply has real consequences, including fines and litigation. Without a plan for effective security, companies can experience productivity losses, customer defections and reputational damage. Organizations need to adopt a strategic but practical risk-based approach to the use and protection of sensitive data. In this white paper, learn how to understand the location and flow of sensitive data and implement data leakage prevention.
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Building business with BRICs comes with risk
Brazil, Russia, India and China — commonly known as the BRIC countries, or BRICs — are an increasingly large component of the global economy. Organizations with an eye to the future and expectations for high growth are looking to do business in these favorable locations. But along with any expansion comes risk. In this issue of CorporateGovernor, learn how chief audit executives (CAEs) can respond to the emerging risks by adjusting their internal audit department accordingly.
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Be a SOC star: Understand the new Service Organization Control reports
In this issue of CorporateGovernor, Grant Thornton Advisory Services provides an overview of the AICPA Service Organization Control (SOC) reports and how they can affect service organizations as well as their customers and customers' auditors who use those reports. Learn how to choose the reports most appropriate to your business needs.
Chief Audit Executive (CAE) Survey
Our annual survey of chief audit executives highlights the current state of the profession and identifies emerging trends that may affect the function’s performance.
Corporate Governance Publications
Browse articles, white papers, newsletters, comment letters and other materials relevant to corporate governance.
