Client's challenge
After growing and acquiring several small, private companies, the client faced inconsistent and inadequate internal controls, diverse compliance policies and procedures, and the task of integrating multiple cultures unfamiliar with the regulations applicable to publicly traded companies.
PricewaterhouseCoopers Advisory solution
We identified the client’s compliance universe and conducted a compliance risk assessment focused on identifying areas of high risk and low controls maturity. We recommended steps the client could take to establish a common approach to compliance across the organization and put in place disciplined monitoring and reporting.
Impact on client's business
As a result, the new Chief Compliance Officer was able to focus attention and resources on high-risk areas and initiate steps to strengthen the company’s compliance program.
