Free Webcast: What Is Your Role? When Accounting Policy Meets ICFR
Event Date: July 11, 2017
Event Time: 1:00 PM - 2:30 PM Eastern
CPE Credits: 1.8
NACD Skill-Specific Credits: 1
Field of Study: Accounting (A)
Prerequisite: Must have a basic understanding of corporate management, internal controls, corporate governance, and fraud deterrence and detection.
** Earn free CPE and NACD Skill-Specific Credit
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? This webcast hosted by the Anti-Fraud Collaboration 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.
Panelists will 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.
Gain insights into:
• How different members of the financial reporting supply chain leverage accounting policies and internal controls to stem fraud and reduce the likelihood of financial restatements;
• The benefits of aligning accounting policies to technical accounting guidance; and
• Developing an effective ICFR regime that accounts for complex accounting areas.
Center for Audit Quality
Cindy Fornelli is Executive Director of the Center for Audit Quality (CAQ), a position she has held since the CAQ was established in 2007. In 2016, Cindy was honored for the eighth time by Directorship magazine as one of the 100 most influential people on corporate governance and in the boardroom. Accounting Today has named her one of the 100 most influential people in accounting for 10 consecutive years.
Cindy serves on the Advisory Board of the Ira M. Millstein Center for Global Markets and Corporate Ownership, the Securities and Exchange Commission Historical Society’s Board of Trustees, the Audit & Risk Oversight Committee Advisory Council of the National Association of Corporate Directors (NACD), the Accounting and Auditing Committee of the International Corporate Governance Network, and the Markets Advisory Council of the Council of Institutional Investors. She previously served on the NACD's 2010 Blue Ribbon Commission on the Audit Committee and 2009 Blue Ribbon Commission on Risk Governance.
Brian T. Croteau
Brian Croteau is a Partner in the National Quality Organization of PricewaterhouseCoopers LLP’s (PwC) Assurance Practice. Prior to rejoining the Firm in 2017, he served for over six years as the Deputy Chief Accountant of the Professional Practice Group within the Office of the Chief Accountant (OCA) at the SEC in Washington, DC. Brian has also previously served as a Senior Associate Chief Accountant in OCA from 2004 to 2007.
In his current role within PwC’s Auditing Services, Methodology and Tools group, Brian assists in leading and supporting the Firm’s national office efforts focused on audit quality. In his roles since joining the Firm in 1993, he managed the audits of public and private companies, performed consultations with engagement teams on complex and judgmental auditing and internal control matters, and supported quality initiatives, including development and implementation of PwC audit policy and guidance.
Executive Vice President and the Chief Auditor
Karl Erhardt is an Executive Vice President and the Chief Auditor of MetLife. In this capacity, he has an independent relationship with the Audit Committee of MetLife’s Board of Directors.
Karl has more than 25 years of professional experience in accounting and operations for insurance, asset management, structured finance, capital markets and derivatives. As Chief Auditor, he manages an international team of more than 300 audit professionals who are responsible for providing objective evaluations and advice on MetLife’s system of internal controls and promoting a global risk management framework.
The Hopgood Group
President and CEO
Suzanne Hopgood is the President and CEO of The Hopgood Group, LLC, a board and crisis consulting firm she founded in 1985. She currently serves as Chair of the Nominating & Governance Committee of Mace Security International (OTCQX: MACE), as Chairman of the board of Newport Harbor Corporation, a hospitality company that owns fine dining restaurants, a Relais & Chateaux inn, the Newport Boat Show, and a casual dining chain. Suzanne also serves as the CT Governor-appointed Chair of the Capital Region Development Authority overseeing approximately $800 million in construction in the Capital City.
EVP, Corporate Controller
Linda Zukauckas has been EVP & Corporate Controller of American Express since 2011. She has broad responsibilities across Finance, leading all Record-to-Report processes globally, in addition to Global Tax. Her team encompasses more than 1,500 employees in over 35 countries. Linda is a member of American Express’s Global Management Team and sits on several leadership committees within the Company. Linda is the executive sponsor of the Company’s Executive Women’s Interest Network. Linda is also a member of the Board of Directors of American Express Global Business Travel, a 50/50 JV between American Express and third-party investors.