Stress Testing Your Compliance Programs - Dbriefs Poll Responses |
Event Date: 2/6/12
Which of the following would be your highest concern in regard to the strength of your compliance program?
Votes Received: 2,086
| Excessive pressure from unrealistic sales or performance expectations | 14.5% |
| Inadequate “Tone at the Top” | 14.5% |
| Inadequate training and communication on ethics and compliance | 15.4% |
| Lack of defined roles, authority and accountability for ethics | 17.0% |
| Potential for override of controls by management | 17.2% |
| NA/Don’t know | 21.4% |
How effective is your organization’s compliance and ethics program?
Votes Received: 2,189
| Optimized in effectiveness | 6.1% |
| Effective | 46.8% |
| Somewhat effective | 27.8% |
| Ineffective, needs work | 5.6% |
| Don’t have a program/Don’t know | 13.7% |
Which group do you think needs to make the biggest improvement to help your company’s compliance program?
Votes Received: 2,152
| US employees outside of compliance, risk and internal audit | 19.3% |
| Non-US employees outside of compliance, risk and internal audit | 14.5% |
| Non-employee third parties (i.e. agents, vendors) | 16.0% |
| Compliance, risk and internal audit professionals | 14.5% |
| C-suite and board leaders | 10.0% |
| NA/Don’t know | 25.8% |
Will your company focus more time and resources to improving its compliance program in 2012?
Votes Received: 1,976
| Yes | 57.7% |
| No | 13.6% |
| NA/Don’t know | 28.6% |
About the online poll: Deloitte polled more than 1,975 business professionals from the financial services, consumer and industrial products, technology, media and telecommunications, and other industries during a recent webcast titled, “Stress Testing Your Compliance Program.”
Results are aggregated without inclusion of Deloitte viewer responses.
As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
