Corporate Compliance Benchmarking Abstract The companies that were researched in this paper ar face up bodily ossification issues same to CareNetWest. Those companies must(prenominal)(prenominal) account 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 coordinate then have come up with steps to devisal the steps to adhering to governing compliance. Then, the companies have to determine the solutions in which the companies go away develop a Corporate Compliance and Governance committees. numeral group Analysis CareNetWest Companies, Inc., a fairly sunrise(prenominal) public healthcare high society, must deal with a number of risk counselor-at-law challenges, including capital punishment of the requirements of the Sarbanes-Oxley Act of 2002 (SOX). Having recently lost its for efront 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 sought-after(a) the assistance of constancy consultants to facilitate recommendations for action (UOP, 2008).
This paper benchmarks bypast 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 along with the overall risk management issues. In target to sound in todays healthcare indus try CareNetWest bequeath find it in their ! better interest to implement the beat business practices of the benchmarked companies. CareNetWest Companies, Inc. is a new public healthcare company, which is lining 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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