Chapter : Leadership

FEI Sacramento Event - CFO vs. CEO: Fraud at HealthSouth

CFO vs. CEO: Fraud at HealthSouth
Ethical Dilemmas and Case Studies
Wednesday, October 26 | 3:00 pm - 7:00 pm (includes Networking Reception)
ACCOUNTING FRAUD | MARKET PRESSURES
WHISTLEBLOWERS | ETHICAL IMPLICATIONS
HealthSouth was a Wall Street darling, with more than 2,000 locations in 50 states and five countries. The company’s CEO boasted of meeting or exceeding earnings expectations for 27 straight quarters. However, underneath the glittering corporate image, a nearly $3 billion earnings overstatement occurred over more than a dozen years.
  • Aaron Beam was a Co-Founder of HealthSouth and it’s first CFO, who will describe the corporate culture that led to fraud and his subsequent reactions.
     
  • Weston Smith, a successive CFO who eventually revealed the fraud to the FBI, will dig in-depth into the mechanics and red flags of the fraud, so that others may detect and/or deter fraud within their organizations.
     
  • Vic Hartman, a former FBI special fraud agent who now specializes privately in forensic accounting, will provide insight into the FBI’s response and investigation of fraud and how companies may protect themselves.

Speakers

Aaron Beam

Co-Founder and first CFO, HealthSouth

Mr. Vic Hartman

Former FBI Special Fraud Agent

Weston Smith

Whistleblower and fifth CFO, HealthSouth

Credits

3.00 CPE
Basic

Method

group-live

Field

Regulatory Ethics, Technical

Prerequisites

none

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