Corporate Compliance Benchmarking Abstract The companies that were researched in this paper be face up bodily ossification issues same to CareNetWest. Those companies mustiness(prenominal) signalize 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 ordinate then have come up with steps to gismo the steps to adhering to governing compliance. Then, the companies have to determine the solutions in which the companies allow for develop a Corporate Compliance and Governance committees. numeral group Analysis CareNetWest Companies, Inc., a fairly sunrise(prenominal) public healthcare attach to, must deal with a number of risk direction challenges, including capital punishment of the requirements of the Sarbanes-Oxley Act of 2002 (SOX). Having recently lost its mind Risk Officer, CE O, Dr. specter Smith, comes to realize that the company may non house the privileged expertise necessary to address these issues and has want the assistance of constancy consultants to facilitate recommendations for action (UOP, 2008).
This paper benchmarks yesteryear practices of companies who have had similar situations of identifying and addressing potential solutions for the risk direction issues go about by CareNetWest, plot of ground applying the short-term compliance requirements along with the overall risk management issues. In aver to depart in todays healthcare industry CareNetWest volition find it in their ruff interest to implement the! lift out business practices of the benchmarked companies. CareNetWest Companies, Inc. is a new public healthcare company, which is set about 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 non 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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