July 1, 2011

The Journal of Accountancy reports on Dan Nardello's presentation on "Effective Due Diligence in Emerging Markets"

The Journal of Accountancy reported that Dan Nardello spoke on "Effective Due Diligence in Emerging Markets" at the AICPA's annual conference held in New York on June 15, 2011. Drawing on his extensive experience of conducting investigations in challenging jurisdictions, Nardello stated that "while the opportunities in emerging markets are substantial, so are the risks" later explaining that "due diligence is essential in emerging markets, where cultural differences and local business practices pose increased risks of violating US and UK laws."  Nardello highlighted the importance of thoroughness in every aspect of the business process, especially abroad adding, "[a]n investigation can ensure the integrity of overseas business operations, uncover fraudulent or corrupt behavior and lead to reinforcement or improvement of compliance and monitoring programs."