Sentences with phrase «spent on compliance»

Millions of dollars are spent on compliance training every year.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Green bonds come with higher compliance costs, to verify (or possibly certify) that the money raised is being spent on green projects.
Every company that works on a global scale, whether a large or small organization, spends an enormous amount of time on compliance efforts, that do little to improve the bottom line, but can cost millions if ignored.
Smaller firms also reported paying between $ 3,000 and $ 1.4 million in fees to external consultants, while staff accountants spent as much as 90 % of their time on compliance issues.
However, for these players it is more difficult to meet the demand of key bank products (such as loans) due to less restricted regulations that force their customers to spend heavily on compliance and maintain large capital cushions.
He reiterated that firms «should not be spending enormous amounts of money on compliance systems if you don't know how to comply» with the rule.
Firms «should not be spending enormous amounts of money on compliance systems if you don't know how to comply» with the rule, he said at an IMCA event in mid-July.
Nearly $ 400 billion had to be spent on economic regulation alone, $ 316 billion on tax compliance.
The federal Office of Compliance turned down Virginia Sen. Tim Kaine's request to provide the number of sexual harassment claims made against senators and the money spent on settlements.
Indeed, bring all major state contracts and spending back on the books and in compliance with all oversight rules, including comptroller approval.
However, he destructively links this relief to local compliance with a misguided property tax cap, and he funds the needed tax relief with future surpluses predicated on billions of unspecified future spending cuts that will be required by his self - imposed two percent state spending cap.
«However, based on the county's fiscal outlook, the directors have concluded that county compliance with the NIFA statute will be difficult without meaningful reductions in county spending
«Instead public money should be spent for the public benefit and focussed on control of compliance with management rules, data collection, scientific research and stock assessments.»
ESSA wisely eliminates cost - by - cost testing for SNS, a practice which discouraged schools from spending Title I funds on comprehensive services and perversely encouraged spending on add - ons (like pulling students out of academic classes to work with paraprofessionals) that met compliance standards but were not necessarily helpful in improving educational outcomes for low - income students.
Maybe because I just spent the lunch hour listening to charter school teachers eagerly compare notes on professional development sessions like «Inspiring Enthusiasm for Mathematics» and «From Compliance to Excellence: going Beyond Special Education Regulations to Harness Student Potential.»
Prior to joining Aspire, Emmile spent five years with various consulting firms, including Arthur Andersen, BearingPoint, and KPMG Consulting, focused primarily on finance and operations processes and Sarbanes - Oxley compliance.
NCLB funding was money spent on annual standardized achievement testing, accountability mechanisms based on the outcomes of those tests, reporting of compliance with the law, and school choice being offered as a solution — all packaged and sold to the country as «flexibility.»
The language of the new law should help reformers push back against federal dictates on school spending and compliance.
Increased banking regulations, particularly on community and regional banks, mean that banks are spending more of their capital on regulatory compliance, which impacts their ability to finance commercial real estate development.
Also, «USDA regulations allow a medium - sized dog to spend her entire life in a cage the size of your refrigerator with several other dogs, and the breeder is in full compliance,» said Marcy LaHart, an attorney who sued Puppy Palace in Boynton Beach on behalf of a customer who bought a sick puppy.
They then spend time with every client so they have realistic expectations, understand the importance of compliance and follow - up with visits to ensure the treatment plan is on track.
Early - age spay / neuter and spay / neuter before adoption practices are a good investment: implementing these programs means you can stop spending resources on follow - up to sterilization compliance, paperwork, and caring for the «oops» litters from adopted cats.
This is because the cost of compliance is more often about the time spent on the administration (monitoring, reporting, verification, registry access and allowance surrender) and the cost of external consultants and accountants.
We've talked about regulatory compliance and how that doesn't equate to security and so perhaps it falls under a different pot of budget; it should be spent on effective detection and response.
It will create a challenge for security teams in law firms as they may be forced to spend the budget that they have on compliance and regulations rather than actually defending the business.
Estimates report over $ 1 trillion is spent worldwide on regulatory compliance, and over 1 million people are employed around the world doing regulatory compliance.
The main change goes to how much and how long is to be spent on protocol compliance, with a juicy new paragraph on proportionality.
The best ideas resulted in a standardized regulatory compliance review process that eliminated the need for 60 per cent of business reports and, through the use of value - based fees, the department reduced legal spend on employment litigation matters by 30 per cent.
Aggregate spending on legal and regulatory compliance never goes down (see here and here).
Richard Bistrong spent much of his career as an international sales executive and currently consults and speaks on foreign bribery, ethics and compliance issues from that front - line perspective.
Billions of dollars are spent on futile efforts, like employing the proverbial Chinese Army of compliance officers, most of whom may know a bit about AML, but next to nothing about the actual business and transactions.
A practitioner in Texas, on the other hand, is more likely to spend their time advising fossil fuel companies on regulatory compliance.
To manage legal spend, ensure compliance with internal controls or just manage the knowledge in these information systems, we're the experts on global legal e-billing.
He brings decades of finance, structuring and corporate experience to Therium as he spent his entire career advising clients on mergers and acquisitions, venture capital financing, tax planning and compliance, and has represented dozens of start - up and development - stage companies.
We unlock the potential and transform the delivery of legal and compliance services allowing our clients to spend more time on higher value activities.
But it's the finance team and the CFO who make the final decisions since they are the ones controlling the money spent on the adoption process and ultimately responsible for disclosing and demonstrating financial compliance.
The last we spoke with Gert Demmink, he spoke on the fact that billions of dollars are spent on futile efforts, like employing the proverbial Chinese Army of compliance officers, most of whom may know a bit about AML, but next to nothing about the actual business and transactions.
Spend some time with us and we'll share our insights on cross-border litigation, FCPA compliance, international eDiscovery and investigations, best practices to help prepare for the GDPR and updates on D4's international expansion!
When Jennifer Brown isn't working on compliance issues like food and product safety or on environmental health issues for Seattle - based Amazon.com Inc., she's been known to spend hours at a time scouring court documents from cases involving those held behind bars in the Pacific Northwest.
Banks may spend a fortune on compliance but often avoid asking staff the hard questions about ethical behaviour because it may reveal problems they are unprepared to resolve.
«The deal was that [Kogan] could keep all the data and do research or whatever he wanted to do with is and so for him it was appealing because you had a company that was the equivalent of no academic grant could compete with the amount of money that we could spend on it, and also we didn't have to go through all the compliance stuff,» added Wylie.
Commentators doubt that the millions needed for development and meeting compliance stipulations would be spent by either partner in the venture without concrete reassurance that a ban on exchanges is not looming in the distance.
Management Accountant Lightstream Resources, Las Vegas, NV 2/2005 — 7/2010 • Analyzed business performances and provided recommendations on methods to prevent problems • Prepared financial data and statements such as profit and loss accounts, budgets and cash flows • Ascertained that company spending was in line with approved budgets • Recommended cost saving activities and effective strategies to improve business value • Ascertained compliance of the company's systems with established procedures and financial regulations
Safe hiring expert Attorney Lester Rosen, CEO of Employment Screening Resources (ESR) and author of «The Safe Hiring Manual,» will host a live one hour long webinar titled «Conducting International Background Checks — Best Practices, Trends and Legal Compliance» on Thursday, August 11, 2011 at 3:00 p.m. ET (12:00 p.m. PT) to help U.S. employers conduct international background checks on workers who have lived, worked, studied, or spent much time visiting foreign countries.
«UpstreamTM has the potential to enable vendors like DocuSign to spend more time collaborating with the industry on usability, security and compliance — further accelerating the pace of innovation.»
We spend quite a bit of time training agents on our paperless document management platform to ensure efficiency on their part and compliance on the side of the brokerage.
«It's like giving yourself a raise,» said Jody Dietel, spokesperson for Save Smart Spend Healthy and chief compliance officer at FSA administrator WageWorks Inc. «People leave money on the table if they're not willing to put the time into it.»
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