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1. Consider the issues related to FCPA compliance and be prepared to address the following...

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Accounting

1. Consider the issues related to FCPA compliance and be prepared to address the following questions during an in-class discussion. You may need to do some additional research. a. Why is bribery often encountered when U.S. companies try to execute business in an international setting? (Consider the social, cultural, structural, legal, and ethical challenges.) b. Why do many nations, including the U.S., consider bribery wrong? c. What are the costs of bribery to: (1) the company doing the bribery, (2) the country where the bribery takes place, and (3) capital markets? d. What factors and conditions gave rise to the need for the FCPA and OECD AntiBribery Convention? e. What are the accounting and internal control requirements of the FCPA?

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