Recent corporate scandals, each perpretrated by very senior management and involving billions of dollars, have highlighted the effect that fraud can have on corporate financial strength. Fraud prevention quickly jumped to the top of the corporate agenda.
Corporate compliance programs have matured considerably since their
beginnings several decades ago. A new career ("compliance officer," "ethics
officer" and several variations of those terms) has arisen, a trade association
devoted to "[b]eing the leading provider of ethics, compliance, and corporate
governance resources to ethics and compliance...
Records management was a topic that, while recognized by many (especially
in-house attorneys) as important, represented the "Rodney Dangerfield" of
corporate affairs: it received little respect. That all changed several years
ago when Arthur Andersen, a respected member of the small group of international
accounting and consulting firms, stood convicted of...
Editor: Steve, would you provide our readers with something about your
background and experience?
Lauer: I spent six years in private practice and then, in the mid 80s,
I went in-house for the first time. I spent over thirteen years as an in-house
lawyer for several real estate organizations, the last of which was the
commercial real estate investment...