ACCOUNTING FRAUD | MARKET PRESSURES
WHISTLEBLOWERS | ETHICAL IMPLICATIONS
Join us for a candid conversation with the two Chief Financial Officers who were directly involved in one of the largest accounting frauds in U.S. history. Also hear first-hand from a former FBI Special Fraud Agent describe the fraud design, its ultimate exposure, and its impact on executives today.
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 its 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.
CPE: 3.0 CPE credits available in Regulatory Ethics
Date: October 27, 2016
Location: The City Club, 155 Sansome Drive, San Francisco, CA 94104, Phone 415.362.2480
Program: 4:30 PM Networking | 5:15 PM Announcements | 5:30 PM Presentation | 7:45 PM Dinner and Q&A
Cost: Complimentary to Members | $125 Non-Members
RSVP Deadline: Monday, October 24, 2016
*Please note that this event will not be held on our usual meeting date.