The panelists of episode five of the Skepticism Webinar Series explore just how financial executives can implement the vital skill that is skepticism. Although financial managers are often found on the receiving end of skepticism, it is important for them to exercise skepticism when it comes to information flowing up to them through their organizations. One key element to the success of any company is to hire financial executives with experience in conducting major audits. In addition to this, proper time management can alleviate deadline pressures, which are a major motive for fraud.
The executives in this webinar share best practices for implementing the COSO framework as a reliable reporting system and how to build a skepticism-ready team.