KPMG’s Richard Girgenti and Timothy Hedley are out with a new book.

It’s titled The New Era of Regulatory Enforcement: A Comprehensive Guide  (McGraw-Hill Education, April 29, 2016.)

Girgenti and Hedley delve into government policies, strategies and tactics driving enforcement activity, and the most effective approaches for preventing, detecting, and responding to enterprise and industry risks.

“As organizations attempt to navigate this changing regulatory landscape, they face new risks and uncertainty resulting from a new regime of enforcement that is global in nature,” Girgenti said. “Those that fail to effectively manage these risks find themselves facing record fines and penalties. Our aim is to provide organizations with knowledge and support to build and sustain an effective compliance environment and culture of integrity, the foundation for sustained high business performance.”

The authors delve into what organizations need to do to mitigate risks and give their insight into public policies driving increased enforcement activity, government expectations for organizational compliance and integrity, tools and techniques deployed by the government to identify, investigate and ensure organizational compliance and “steps prudent organizations must take to prevent, detect and, as necessary, respond to regulatory enforcement risks.”

“Effectively managing risk is an imperative for business leaders,” Hedly said. “Those organizations that will lead the way will not only seek to comply with regulations, but will also work tirelessly to create an environment of trust with employees, customers, regulators, and shareholders based on sound ethical principles and behavior. This is not only a prescription to manage risks but a way forward to strengthen a company’s reputation and help ensure sustainable success.”

Girgenti has over 40 years of experience conducting investigations and providing compliance and fraud risk management advisory services to public and private corporations, government entities and not-for-profit organizations.

Prior to joining KPMG, Girgenti was a veteran prosecutor and held a number of high-level legal and law enforcement positions including New York State Director of Criminal Justice and Commissioner of the Division of Criminal Justice Services.

Hedley has extensive experience helping companies prevent, detect and respond to fraud and misconduct allegations. Hedley is a frequent speaker on fraud risk and a member of the NY State Society of CPAs and the AICPA.