The passage of the Foreign Corrupt Practices Act increased the demand for internal auditing.

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act (FCPA) requires companies to have effective internal controls and to keep accurate books and records, which has led to an increased demand for internal auditing. Companies must ensure that their business practices comply with FCPA regulations, and internal auditors play a critical role in helping companies to achieve compliance. Therefore, the passage of the FCPA has resulted in an increase in the demand for internal auditing.

The Passage of the Foreign Corrupt Practices Act Increased the Demand