These days, most people understand the importance of the “tone at the top” and realize that a company’s financial reporting environment and culture can act as a strong deterrent to fraudulent financial reporting.
But beyond the right “tone,” what else can be done? What additional steps can be taken to deter fraud or, if fraud should get a foothold, to stop it in its tracks?
Identifying these additional steps is a tough challenge, but an analysis of recent SEC enforcement proceedings yields clues about fraud deterrence and detection that go right to the mechanics of a company’s internal control over financial reporting.
Join a panel of experts on July 16, 2015 as they discuss lessons learned from recent SEC enforcement proceedings, and provide concrete, action-oriented steps that governance professionals can take. All participants in the financial reporting supply chain are encouraged to register. Audit committee members, internal audit, external audit, and financial executives, as well as legal counsel can benefit from this discussion, which can help answer that sometimes challenging question: “So what do we do differently tomorrow to combat fraud?”
We encourage all of the key players in the financial reporting supply chain—audit committee members, financial executives, internal auditors, and external auditors—as well as compliance professionals, to register for this informative program.
This program is free of charge and eligible for 1.5 CPE credits and 2 NACD skill-specific credits.
The webcast will be archived on the Webcasts page of the CAQ website for those unable to participate during the live broadcast.
Deterring Financial Fraud: What Else Can Be Done?
Date: July 16, 2015
Time: 1:00—2:30 p.m. (EDT)
Center for Audit Quality
Chief Audit Executive
SEC Financial Reporting and Audit Task Force
Deloitte & Touche LLP
Michael R. Young
Willkie Farr & Gallagher LLP
For more information, contact the CAQ at (888) 817-3277 or firstname.lastname@example.org. Additional resources on fraud deterrence and detection can be found at www.antifraudcollaboration.org.