Survive a consent order as an internal auditor

Getting informed of consent or some other enforcement action can be an uncomfortable experience for a company, especially if it has never been dealt with anything like this before. Fines and penalties aside, the process of canceling the order often takes years and the resources required for that process only add to the total cost.

The key to a successful process of correcting and validating consent requests is to create a detailed, comprehensive strategy and stay on track.

This article of Crowe explains how an internal auditor can survive a informed consent by relying on a strategy.

The strategic response to informed consent should be a detailed plan that incorporates seven key actions. You can read about the important measures in the full article here.