Fcpa Compliance Report

How can you determine if Human Resources (HR) can meet the needs of a best practices compliance program? One place to start is with a gap analysis to determine what HR has in place that can facilitate your company’s compliance program. According to Bright Hub Project Management, a gap analysis “compares actual performance (or status) with the desired performance (or status). A gap analysis takes into account where the company is and where it wants to be. Any review of a company and its goals should include a thorough gap analysis - especially when wanting to improve productivity, processes and products.” From the HR and compliance perspective the four steps to undertaking a gap analysis are: (1) understanding the compliance and HR environment in your organization; (2) taking a holistic approach to understanding the compliance and HR environment; (3) determining a framework for analysis, and (4) compiling supportive data to test the program. Yet before beginning this exercise it is incumbent to understand that