Compliance Auditing | quick case studies
Over the years, we have conducted compliance auditing for a wide range of clients. Among the situations where our skills have been utilized:
- Created and implemented audit programs for numerous Fortune 1000 manufacturers for evaluating the compliance of their distribution channels, which reimburse rebate and charge-back dollars based on sales reporting information. Since 1994, we have physically visited hundreds of distributors all over the U.S. and tested the integrity of the systems they use to report this information to our clients. StoneBridge has recovered millions of dollars in system errors, errant reporting, and grey market activity and built safeguards in the system and programs to prevent future occurrences.
- We have built, evaluated and co-sourced with some of the leading franchisors in the U.S. to evaluate compliance with franchise and royalty agreements that are in place with their franchise network. We have audited hundreds of franchisees around the U.S. and discovered numerous reportable conditions ranging from money laundering to intentional record destruction.
- Implemented and audited to ensure compliance related to non-financial attributes of organizations. Some of our clients have created programs that warrant a periodic review of their policies and procedures to offer the assurance that these programs are working as they are intended. Our auditors and programs are easily adaptable to include non-financial risk exposures.