Good Practice

Preparing for an internal audit

Issue 53
May 2025

Author
Elizabeth ShinglerSteven Brotherton
+ About author

Elizabeth Shingler (Richmond) is a Senior Manager in the Global Export Controls and Sanctions practice of KPMG LLP. eshingler@kpmg.com

Steven Brotherton (San Francisco) is a Principal in the Global Export Controls & Sanctions practice of KPMG LLP and leader of the service line. sbrotherton@kpmg.com

KPMG: SMART PRACTICE
As the export environment becomes more complicated, compliance risks to the organization increase, enhancing the possibility of violations and associated financial penalties. In response, companies are devoting more internal audit (“IA”) resources to evaluating export compliance programs to proactively identify challenges or risks. While an internal audit may create additional work for the compliance teams, through proper preparation and thoughtful review, it can produce mea...

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  • Export Compliance Manager Tackles the issues and challenges that keep trade compliance professionals awake at night... with insight and with solutions.
  • Export Compliance Manager Shares the know-how of experienced professionals, keeping its readers on top of developing best practice in trade compliance AND helping to deliver real commercial advantage.
  • Export Compliance Manager Celebrates the valuable contribution of trade compliance professionals to their companies, communities and to international security.

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