Compliance hotline

1
Compliance hotline

• Brigham Young University

2
Federal Sentencing Guidelines

• Adequate compliance standards and procedures,
• Effective compliance oversight by the governing
  body and senior personnel,
• Careful delegation and due care in
  hiring/screening employees,
• Effective training and education,
• Monitoring, auditing and help lines,
• Enforcement for violations, and
• Corrective action.

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Federal sentencing guidelines (Chapter 8)

• (5) The organization shall take reasonable steps
• (C) to have and publicize a system, which may
  include mechanisms that allow for anonymity or
  confidentiality, whereby the organizations
  employees and agents may report or seek guidance
  regarding potential or actual criminal conduct
  without fear of retaliation.

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Detecting Occupational fraud
Methods of Detection
ACFE 2006 Report to the Nation on Occupational
Fraud Abuse
The sum of percentages in this chart exceeds 100
because in some cases respondents identified more
than one detection method.
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Detecting Occupational fraud
Sources of Tips
ACFE 2006 Report to the Nation on Occupational
Fraud Abuse
Employees
Anonymous
Customer
Vendor

64.1
18.1
10.7
7.1
0 10
20 30 40 50 60 70
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Detecting Occupational fraud

• Median Length of Fraud Detected 18 months
• Loss per Instance w/Hotline 50 less

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(No Transcript)
8
hotline

• 3rd Party Anonymous Confidential System
• Available to all CES Higher Education Campuses
• Customizable
• Secure/Specific to Individual Campus
• Used by Other Utah Schools

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Hotline

• Available 24/7/365
• Professional Responders
• Multiple Languages
• Data/Trend Analysis
• Cost of Incidence Reduced 50
• Deterrent Effect
• Centralized Reports/Response

10
Mitigating Compliance risk

• Brigham Young University