Education videos are an excellent resource in deterring and detecting financial reporting fraud. For example, the Anti-Fraud Collaboration has hosted a series of webcasts looking at fraud detection and deterrence from a variety of angles. This page lists those, as well as topical videos from others.

ANTI-FRAUD COLLABORATION VIDEOS

Featuring a panel of top experts, this July 2018 webcast from the Anti-Fraud Collaboration explored the potential implications for fraud risk when it comes to the use of financial measures, presented outside the audited financial statements, that do not conform to US Generally Accepted Accounting Principles (GAAP).

Slides for this webcast are available here.

MODERATOR:
Cindy Fornelli, Center for Audit Quality, Executive Director

PANELISTS:
Phil Billington, HCA, Vice President, Internal Audit
Heather Dixon, AETNA, VP, Controller and Chief Accounting officer
Keith Higgins, Ropes & Gray LLP, Chair, Securities and Governance Practice
Serena I. Wolfe, Ernst & Young LLP, Partner

Sound corporate culture is a cornerstone of fraud deterrence and detection. This December 2017 webcast, hosted by the Anti-Fraud Collaboration, highlights leading practices on assessing and strengthening a company’s corporate culture. Hear from an expert panel, who share actionable recommendations that organizations can implement to deter fraud and misconduct. The panel also addresses oversight responsibilities of audit committee members, company management, and internal auditors. Expanding on insights contained in a 2017 National Association of Corporate Directors Blue Ribbon Commission report, Culture as a Corporate Asset, the webcast covers how culture impacts strategy, risk, and performance.

Slides for this webcast are available for download here.

MODERATOR:
Cindy Fornelli, Center for Audit Quality, Executive Director

PANELISTS:
Mark Carawan, Citigroup, Chief Compliance Officer
Brenda J. Gaines, Tenet Healthcare Corp., Audit Committee Chair
Gilly Lord, PwC, Head of Regulatory Affairs and Audit Strategy & Transformation
Paul L. Walker, St. John’s University, Schiro/Zurick Chair in Enterprise Risk Management

The Anti-Fraud Collaboration has developed six short video vignettes for use with the LDC Cloud Systems Case Study. In each vignette, actors reenact several interactions selected from the case study. The videos do not provide information beyond that found in the case. Rather, they aim to enable discussion participants to see certain material in a new light and allow the discussion leader to emphasize certain aspects of the case in the classroom.

Effective accounting policies and internal controls are key for stemming fraud and reducing the number of financial restatements. So how can companies improve in these two areas? Hosted by the Anti-Fraud Collaboration, this July 2017 webcast highlights leading-practice recommendations from top company executives, corporate directors, and auditors. The webcast also outlines the importance of creating accounting policies and controls, crafted through risk-based evaluations, that can be easily understood by non-accountants. Expanding on insights contained in a 2017 Anti-Fraud Collaboration report—Addressing Challenges for Highly Subjective and Complex Accounting Areas—the webcast’s panelists include experts from across the financial reporting supply chain. They discuss how successful companies utilize strong accounting policies to deter and detect fraud while providing actionable recommendations that each supply chain member can bring to their organizations.

MODERATOR

  • Cindy Fornelli, Executive Director, Center for Audit Quality

PANELISTS

  • Brian T. Croteau, Partner, PricewaterhouseCoopers LLP
  • Karl Erhardt, Executive Vice President and the Chief Auditor, MetLife
  • Suzanne Hopgood, President and CEO, The Hopgood Group
  • Linda Zukauckas, EVP and Corporate Controller, American Express