Tag: Internal Controls

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31 Days to More Effective Compliance Programs

31 Days to a More Effective Compliance Program: Day 15 – Monitoring and Improving Internal Controls

Welcome to 31 Days to a More Effective Compliance Program. Over this 31-day series in January 2026, Tom Fox will post a key component of a best-practice compliance program each day. By the end of January, you will have enough information to create, design, or enhance a compliance program. Each podcast will be short, at 6-8 minutes, with three key takeaways that you can implement at little or no cost to help update your compliance program. I hope you will join each day in January for this exploration of best practices in compliance. In this Day 15 episode, we look at the ongoing process of monitoring and improving internal controls within companies.

Key highlights:

  • Understanding Control Overrides
  • Continuous Monitoring and Improvement
  • Assessing and Updating Controls

Resources:

Listeners to this podcast can receive a 20% discount on The Compliance Handbook, 6th edition, by clicking here.

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31 Days to More Effective Compliance Programs

31 Days to a More Effective Compliance Program: Day 14 – Internal Controls

Welcome to 31 Days to a More Effective Compliance Program. Over this 31-day series in January 2026, Tom Fox will post a key component of a best-practice compliance program each day. By the end of January, you will have enough information to create, design, or enhance a compliance program. Each podcast will be short, at 6-8 minutes, with three key takeaways that you can implement at little or no cost to help update your compliance program. I hope you will join each day in January for this exploration of best practices in compliance. Today, on Day 14, the focus is on internal controls and their critical role in compliance frameworks.

Key highlights:

  • Defining Internal Controls
  • Key Components of Internal Controls
  • Internal Controls in Compliance Programs

Resources:

Listeners to this podcast can receive a 20% discount on The Compliance Handbook, 6th edition, by clicking here.

Categories
31 Days to More Effective Compliance Programs

31 Days to a More Effective Compliance Program: Day 9 – Continuous Monitoring and Continuous Improvement

Welcome to 31 Days to a More Effective Compliance Program. Over this 31-day series in January 2026, Tom Fox will post a key component of a best-practice compliance program each day. By the end of January, you will have enough information to create, design, or enhance a compliance program. Each podcast will be short, at 6-8 minutes, with three key takeaways that you can implement at little or no cost to help update your compliance program. I hope you will join each day in January for this exploration of best practices in compliance. Today, Day 9, we discuss continuous monitoring and continuous improvement.

Key highlights:

  • Understanding Changes in Company Risks
  • Continuous Monitoring and Improvement
  • External Information Sources for Compliance

Resources:

Listeners to this podcast can receive a 20% discount on The Compliance Handbook, 6th edition, by clicking here.

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31 Days to More Effective Compliance Programs

31 Days to a More Effective Compliance Program: Day 3 – Key Updates in the ECCP: Messaging Apps, Internal Controls, and Compensation

Welcome to 31 Days to a More Effective Compliance Program. Over this 31-day series in January 2026, Tom Fox will post a key component of a best-practice compliance program each day. By the end of January, you will have enough information to create, design, or enhance a compliance program. Each podcast will be short, at 6-8 minutes, with three key takeaways that you can implement at little or no cost to help update your compliance program. I hope you will join each day in January for this exploration of best practices in compliance. In today’s episode, Day 3, we delve into the significant updates in the evaluation of corporate compliance programs, focusing on messaging apps, internal controls, and adequate compensation.

Key highlights:

  • Messaging Apps and Compliance
  • Internal Controls and Risk Management
  • Adequate Compensation for Compliance Teams

Resources:

Listeners to this podcast can receive a 20% discount on The Compliance Handbook, 6th edition, by clicking here.

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Compliance Tip of the Day

Compliance Tip of the Day – Ethical Deployment of AI Powered Controls

Welcome to “Compliance Tip of the Day,” the podcast that brings you daily insights and practical advice for navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide you with bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

We conclude our week on internal controls by considering the ethical deployment of AI-powered internal controls.

For more on this topic, check out The Compliance Handbook: A Guide to Operationalizing your Compliance Program, 6th edition, which LexisNexis recently released. It is available here.

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Compliance Tip of the Day

Compliance Tip of the Day – What are AI Powered Internal Controls?

Welcome to “Compliance Tip of the Day,” the podcast that brings you daily insights and practical advice for navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide you with bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

This week, we return to one of my favorite topics in compliance: internal controls. Yesterday, we outlined the need for monitoring internal controls. Today, we bear discussing AI-powered internal controls.

For more on this topic, check out The Compliance Handbook: A Guide to Operationalizing your Compliance Program, 6th edition, which LexisNexis recently released. It is available here.

Categories
Compliance Tip of the Day

Compliance Tip of the Day – Improvement of Internal Controls

Welcome to “Compliance Tip of the Day,” the podcast that brings you daily insights and practical advice for navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide you with bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

This week, we return to one of my favorite topics in compliance: internal controls. Yesterday, we outlined the need for monitoring internal controls.  Today, we discuss improvements to internal controls after monitoring.

For more on this topic, check out The Compliance Handbook: A Guide to Operationalizing your Compliance Program, 6th edition, which LexisNexis recently released. It is available here.

Categories
Compliance Tip of the Day

Compliance Tip of the Day – Monitoring of Internal Controls

Welcome to “Compliance Tip of the Day,” the podcast that brings you daily insights and practical advice for navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide you with bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

This week, we return to one of my favorite topics in compliance: internal controls. In this episode, we outline the need for monitoring internal controls.

For more on this topic, check out The Compliance Handbook: A Guide to Operationalizing your Compliance Program, 6th edition, which LexisNexis recently released. It is available here.

Categories
Compliance Tip of the Day

Compliance Tip of the Day – What Can Lead to an Internal Control Over-ride

Welcome to “Compliance Tip of the Day,” the podcast that brings you daily insights and practical advice for navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide you with bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

This week, we return to one of my favorite topics in compliance: internal controls. In this episode, we look at what can lead to an internal control failure

For more on this topic, check out The Compliance Handbook: A Guide to Operationalizing your Compliance Program, 6th edition, which LexisNexis recently released. It is available here.

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Everything Compliance

Everything Compliance: Episode 162, The Numbers, Numbers, Numbers Edition

Welcome to this Edition of award-winning Everything Compliance. In this episode, we have the quartet of Matt Kelly, Jonathan Marks, and special guests Lisa Fine and Dr. Hemma Lomax with Tom Fox, the Compliance Evangelist, as host.

1. Matt Kelly looks at the recent Millicom Cellular FCPA enforcement action.  He shouts out to the ChatGPT em-dash and rants about the federal government’s attempts to ban all state regulation of AI.  

2. Jonathan Marks reviews the failures of internal controls in the NBA and MLB around the ongoing betting scandals. He shouts out MacKenzie Scott for her $70 million donation to Historically Black Colleges and Universities (HBCUs) in 2025, continuing her support after a $560 million donation to 27 HBCUs in 2020. 

3. Special Guest Panelist Dr. Hemma Lomax considers where Agentic AI in compliance is heading. She rants about ChatGPT em dashes and shouts out recent legal tech conferences.  

4. Special Guest Panelist Lisa Fine looks at three key issues on her mind about compliance for 2026. She shouts out to the Compliance Week survey, Inside the Mind of the CCO, and encourages all listeners to participate.  

5. Tom Fox shouts out to Gen Z and their play with the numbers 6 and 7 and traces the use of numerology in texts back to the Book of Genesis and the ancient text of Gilgamesh.  

The members of Everything Compliance are:

The host, producer, and sometimes panelist of Everything Compliance is Tom Fox, the Voice of Compliance. He can be reached at tfox@tfoxlaw.com.  The award-winning Everything Compliance is a part of the Compliance Podcast Network.