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The Internal Control Institute has developed two mini assessments to test your knowledge. A CICS Common Body of Knowledge Mini Assessment that helps an individual determine their knowledge as it relates to organizational governance and control practices. Results point out areas of knowledge that may require additional training and experience. The assessments also provides a measurement to the individual's readiness for CICS certification.

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The ICI "Certification Series" has been completely updated and is available online to everyone around the world! Course content prepares individuals to design and/or assess internal control and to assist management in installing internal control processes. In addition, the series prepares candidates for the Certified Internal Control Specialist (CICS) Examination. To review the course catalog click

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Online course pricing has been reduced by over 70%

On April 8, the Department of Justice’s (“DOJ’s”) final rule on Preventing Access to US Sensitive Personal Data and Government-Related Data by Countries of Concern or Covered Persons (the “Rule”) formally took effect. Issued pursuant to President Biden’s 2022 Executive Order (“E.O.”) on Preventing Access to Americans’ Bulk Sensitive Personal Data and United States Government-Related Data by Countries of Concern (EO 14117), the Rule imposes broad restrictions on the access of US sensitive personal data and government-related data to certain covered countries of concern and covered persons, as well as a suite of new compliance and reporting requirements across industries. The Rule also creates a new Data Security Program (“DSP”) within the DOJ’s National Security Division (“NSD”) to oversee implementation, including through issuance of licenses and advisory opinions. 

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UK accountancy firms and their clients face a tightening of corporate liability rules from 1 September 2025, when the new offence of Failure to Prevent Fraud comes into force under the Economic Crime and Corporate Transparency Act (ECCTA).

Modelled on the UK Bribery Act 2010, the new law makes organisations criminally liable if an employee or agent commits fraud for the company’s benefit—unless the company can prove it had ‘reasonable fraud prevention procedures’ in place at the time. The offence applies to large companies and partnerships that meet at least two of the following: more than 250 employees, over £36 million in turnover, or assets exceeding £18 million. Laurent Sarrat, co-founder and CEO of fraud prevention firm Sis ID, says the regulatory bar will require more than standard internal controls.

“Businesses with strong governance, compliance and fraud prevention processes will be best positioned for the regulatory changes ahead,” he said.

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The autonomy of AI agents implies advancements when used ethically and responsibly. However, their ability to make decisions independently and their adaptive nature have attracted the interest of malicious actors who can develop a team of agentic AI malware working collaboratively to automate attacks. Such scalable attacks can be executed with unprecedented efficiency and surpass the capabilities of existing threat detection systems. As many as 78% of CISOs believe AI-powered cyber threats are already significantly affecting their organizations.

Here’s how agentic AI can conceivably automate cyberattacks:

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Whether cartels do or do not qualify as “instrumentalities of a government” under current FCPA law or based on the AG’s forthcoming revised FCPA guidance, their entanglement with corrupt officials and influence over local economies present real and evolving legal risks for companies operating in Latin America. The US administration’s focus on cartels and transnational criminal organizations underscores the importance of integrated compliance frameworks that are proactive, localized, and constantly evolving.

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On April 2, 2025, California Attorney General Rob Bonta issued a Legal Advisory reminding businesses operating in California that foreign bribery remains illegal under California law and that violations of the US Foreign Corrupt Practices Act (FCPA) continue to be actionable under the California Unfair Competition Law (UCL). The Legal Advisory comes in the wake of President Trump's February 10, 2025, Executive Order (EO) that instructed US Attorney General Pamela Bondi to pause FCPA enforcement and to issue updated guidelines for enforcing the statute in line with Administration priorities.1 In contrast to the EO, which takes the position that US interests have been harmed by the "overexpansive and unpredictable FCPA enforcement against American citizens and business—by our own Government—for routine business practices in other nations," California Attorney General Bonta takes the position, consistent with the FCPA's legislative history,2 that foreign bribery is "bad for business." In announcing the Legal Advisory, California Attorney General Bonta commented: "Paying bribes to foreign officials is not only unethical, it's also bad for business. Bribery erodes consumer confidence in the market and rewards corruption instead of competition. As the fifth largest economy in the world, California has a vested interest in defending honest business."

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The legal landscape is constantly changing, with federal and state laws, regulations, Presidential Actions, and executive orders evolving at a rapid pace. For legal professionals, staying informed and on top of these changes is more than just important; it's vital for maintaining a competitive edge.

There are strategies that you can embrace that focus on taking a proactive approach, allowing you to stay ahead of changing laws while mitigating risk and saving time.

Practicing the law requires absolute precision. Missing or being unaware of new laws, regulations, or executive orders can lead to costly mistakes, compliance risks, or reputational damage. But the burden of monitoring and tracking these changes doesn't have to weigh you down. By adopting a technology-enabled approach, smarter tools, strong processes and strategies for success, you can stay informed without feeling overwhelmed.

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Electronic invoicing (e-invoicing) is shaking up the world of global tax compliance. Even though its widespread adoption is still in its early stages, it’s already showing huge potential to change how businesses handle their tax responsibilities. While there are challenges with regulatory changes and global implementation, the benefits of smoother processes and improved compliance are undeniable.

To gain a deeper understanding of the future of global e-invoicing and its implications for businesses, we recently interviewed a group of tax experts from KPMG. These industry leaders are at the forefront of integrating e-invoicing compliance at corporations worldwide. Whether you’re a part of a large multinational corporation or a smaller business, their insights will provide invaluable guidance for these rapidly evolving mandates.

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Effective September 1, 2025, the UK’s Failure to Prevent Fraud offense will go into effect as part of the UK’s Economic Crime and Corporate Transparency Act 2023 (the ECCTA). The law significantly expands corporate liability for fraud committed by employees and other associated persons of relevant corporates and will require compliance refinement for any business within scope of the offense operating in connection with the UK. The UK government (its Home Office) published guidance in 2024 (the “Guidance”) to help companies navigate this corporate criminal fraud offense as well as take appropriate action to help prevent fraud.

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A new report from the AARP Fraud Watch Network underscores the growing concern of fraud among American consumers, as criminals continue to take advantage of widespread security vulnerabilities. The study examines emerging fraud trends and outlines essential protective measures consumers can adopt in an increasingly digital landscape. According to the report, more than 276 million adults were exposed to cyber threats by downloading unverified apps or taking online quizzes on social media from unreliable sources. Additionally, an estimated 203 million adults have not enabled multifactor authentication across all their online accounts, leaving them more susceptible to hacking and identity theft. Overall, the research stresses the importance of taking small actions to stay protected from major losses.

“Criminals are continuously evolving to target consumers where they are, no matter the device or medium,” said Kathy Stokes, AARP director of fraud prevention programs. “We must collectively work with our friends, family, and neighbors to share what we know about ways to shore up our defenses, and to report when these crimes occur to combat future crimes.”

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Contact: Mr.Nikolai Triffet 

Email: nikolai@icib.org

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Tel: +52 811 181 3514

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If you could kick the person in the pants responsible for most of your trouble, you wouldn't sit for a month.

Theodore Roosevelt