RiseEngineer and the Foreign Corrupt Practices Act

Abstract

This case examines how Marsha Jackson, the Head of Internal Audit at RiseEngineer, deals with a whistleblower allegation of bribery in the company’s foreign subsidiary. Marsha’s compliance team conducts an investigation focused on the subsidiary’s bid on a major construction project. Students are asked to evaluate which events and transactions are potentially problematic, and consider the responsibilities and incentives of the board, auditors, and management in overseeing bidding on international projects.

Learning Objectives

• Provide an overview of the Foreign Corrupt Practices Act (FCPA).
• Discuss the legal and ethical issues than can arise when operating internationally.
• Help students identify internal control weaknesses in a firm and how these weaknesses can lead to misconduct, fraud, or illegal activity.

Appropriate for the Following Course(s)

financial accounting, international finance, global economics, securities law

RiseEngineer and the Foreign Corrupt Practices Act

THERE IS NO TEACHING NOTE FOR THIS CASE STUDY.