In this course we review the core concepts of the U.S. Foreign Corrupt Practices Act (FCPA), one of the most challenging laws for U.S. companies to comply with, and also one of the government’s most-enforced laws. 

We start with a brief overview of the history and purpose of the law, and then discuss the basic provisions of the FCPA, including the “books and records” provisions.  Following this we discuss what constitutes a “foreign government official,” as well as the types of corruption that the FPCA does and does not cover, as well as ways that companies may inadvertently violate the FCPA.  We discuss penalties and current enforcement themes.  Finally, we present the elements of an effective FCPA compliance program and provide practical suggestions on how to avoid potential problems. 

This course serves as overview for accounting, finance, tax, and treasury professionals who want an overview of this law or would like a refresher, as well as practical insights on how to avoid FCPA problems.   

Learning Objectives
  • Recognize the basic concepts of the FCPA and identify when FCPA issues may arise
  • Identify who is and who is not a “government official” under the law
  • Identify the types of corruption and bribery that the law is attempting to prohibit
  • Recognize the steps necessary to create a defensible FCPA compliance program
  • Recognize some of the penalties and other negative consequences of FCPA enforcement

 

 

Last updated/reviewed: May 25, 2022
30 Reviews (117 ratings)

Reviews

5
Anonymous Author
An enlightening look at the FCPA. This course covers not only what the FCPA does, but also what companies need to be aware of when doing any work internationally (not just running a business, but employee travel). Great tips on how to avoid costly consequences to violating the FCPA.

4
Member's Profile
good coverage of facilitating payments and how you can pay a small amount to a government employee to do what he/she is already supposed to do. Sometimes customs officials delay paperwork processing looking for a facilitating payment.

4
Anonymous Author
Enjoyed the background provided before entering into the specifics. This enhanced my understanding and this is a topic I'll seek to be very mindful of going forward. Thank you!

4
Member's Profile
Good overview of FCPA and the pitfalls that many companies face. Really illustrates how important it is to have internal controls when operating in foreign countries.

4
Member's Profile
This webinar was a tremendously helpful introduction to the FCPA. It will make me much more aware of potential exposure.

4
Anonymous Author
It was a well-presented session; the presenter kept it interesting by citing relevant case law and examples.

4
Anonymous Author
Very informative. Would be helpful to have more functional case studies to understand real life scenarios.

5
Anonymous Author
This class was really interesting. I liked how there was proper application to various examples.

5
Member's Profile
Rather dry presentation, but excellent material and very clear. Good overview of the topic.

5
Member's Profile
The instructor took a very pragmatic approach to discuss corrupt practices. Very effective.

5
Member's Profile
Just one word excellent. All the basic info needed to start a FCP program at any company.

5
Member's Profile
I really enjoyed learning about this topic, and know that it is relevant to my company.

4
Member's Profile
Interesting course providing a good overview of the issues surrounding the FCPA.

4
Anonymous Author
Excellent presentation of the key concepts of the Foreign Corrupt Practices Act.

3
Member's Profile
outdated with 2013 data - don't think FCPA enforcement has increased under Trump

5
Member's Profile
Informative and well-presented. Provides a very good overview of the FCPA act.

5
Member's Profile
Good course on FCPA. Instructor has great delivery and made it interesting.

5
Anonymous Author
Great course of U.S foreign corrupt practices act which added value to me

4
Anonymous Author
Great examples of situations. Must course for all business personnel!

5
Member's Profile
Really good info and helpful scenarios in the questions at the end.

4
Anonymous Author
Good information. Materials are a bits sparse but well laid out.

5
Anonymous Author
This was a good course on the US foreign corrupt practices act.

5
Anonymous Author
Very well articulated and basic things about FCPA process.

5
Member's Profile
Nice concise overview of FCPA definitions and enforcement.

4
Anonymous Author
Good talk, but hope the speaker provided more samples.

4
Member's Profile
Excellent short course, with all relevant information.

4
Anonymous Author
Speaker cited specific cases which I found helpful

5
Member's Profile
A must for anyone doing business internationally

5
Anonymous Author
very informative course

3
Anonymous Author
Thanks

Prerequisites
Course Complexity: Advanced

Prerequisite: Exposure to the US Foreign Corrupt Practices Act

 

Advanced Preparation: None

 

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
Foreign Corrupt Practices Act (FCPA)
  FCPA in Detail6:14
  Government Officials 11:50
  How Are FCPA Issues Discovered?12:41
CONCLUSION
  Complying with the FCPA13:37
SUPPORTING MATERIALS
  Slides: U.S. Foreign Corrupt Practices ActPDF
  U.S. Foreign Corrupt Practices Act Glossary/IndexPDF
REVIEW & TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam