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Live Webcast Replay

When Fraud Hits Close to Home: How Professional Responsibilities Can Lead to Personal Liability


Total Credits: 1 including 1 Regulatory Ethics - Technical

Average Rating:
   334
Categories:
Ethics
Speakers:
Shamoil Shipchandler |  David Woodcock |  Jeff Matthews
Course Levels:
Basic
Duration:
1 Hour
License:

Dates


Description

In September 2013, Mary Jo White, the head of the US Securities and Exchange Commission, warned that her agency will aggressively use its powers to fine wrongdoers and seek creative ways to hold companies and individuals accountable for their misdeeds. She added that “meaningful monetary penalties – whether against companies or individuals – play a very important role in a strong enforcement program.”  New guidance was issued September 9, 2015, has been referred to informally as the “Yates Memo,” named after DOJ Deputy Attorney General Sally Yates.

 

She followed through on her statements and the 2015 edict.  In 2016, the SEC kicked up its enforcement actions, filing a record 868 actions against companies, executives and others, including a new high in FCPA cases and shelling out $57 million to whistleblowers.  

 

This course will cover crucial information designed to help accounting and legal professionals to prevent, detect, and address fraud.

 

Join our panel as they discuss:

-Yates Memo Trends-First 12 Months

-Common Dilemmas Facing Attorneys, Accountants, Auditors and Compliance Executives

-The professional duties and responsibilities of officers and their legal counsel to detect, deter, and prevent fraud and misconduct

-Controls to prevent common frauds that occurred in the recent matters 

-Practical defenses in such instances

 

Basic Course Information

Learning Objectives *Discuss Yates Memo Trends *Explore Common Dilemmas *Discuss Professional Responsibilities to Detect, Deter, and Prevent Fraud *Review Controls to Prevent Common Fraud *Discuss Practical Defenses in Instances of Fraud
Major Subjects *Ethics *Fraud *Fraud Prevention

Course Materials

Speaker

Shamoil Shipchandler Related Seminars and Products


Shamoil Shipchandler, Regional Director of Fort Worth Office, SEC
Shamoil serves as the Regional Director for the Securities and Exchange Commission's Fort Worth Regional Office bearing responsibility for all aspects of the SEC’s enforcement and examination activities in Texas, Oklahoma, Arkansas, and Kansas, which includes investigations in nearly every major area of the SEC’s enforcement program, such as public company disclosure and reporting; the Foreign Corrupt Practices Act; insider trading; cybersecurity; and investigations of major financial institutions, investment advisors, hedge funds, and broker-dealers.

For 9 years, Shamoil served as Attorney-in-Charge of the Plano Office and handled the prosecution of some of the most significant complex criminal matters in North Texas, including cases involving securities fraud, mortgage fraud, tax evasion, bank fraud, mail and wire fraud, computer sabotage, money laundering, public corruption, theft of trade secrets, and immigration fraud. He was also a partner at an AmLaw 100 law firm, with a global reach of more than 470 practicing attorneys.


David Woodcock Related Seminars and Products


David Woodcock, Partner, Jones Day 
David Woodcock's practice focuses on investigations and examinations conducted by the SEC, DOJ, FINRA, and other regulatory bodies; internal corporate investigations and compliance; matters involving complex accounting or auditing issues; and corporate governance and director liability.

Prior to joining Jones Day, David served as Regional Director of the Securities and Exchange Commission's Fort Worth Regional Office, where he was responsible for all aspects of the SEC's enforcement and examination activities in Texas, Oklahoma, Arkansas, and Kansas. He also served as Chair of the cross-office/division Financial Reporting and Auditing Task Force, designed to enhance the SEC's detection and prosecution of violations involving accounting and false financial statements, and as a member of the Enforcement Advisory Committee. During his time at the SEC, David oversaw investigations in nearly every major area of the SEC's enforcement program, including public company disclosure and reporting; the Foreign Corrupt Practices Act (FCPA); insider trading; and investigations of major financial institutions, investment advisors, hedge funds, and broker-dealers.


Jeff Matthews Related Seminars and Products

Moderator


Jeff Matthews, Vice President, Charles River Associates
Jeff Matthews received the 2013 Certified Fraud Examiner of the Year Award from the Association of Certified Fraud Examiners. Mr. Matthews has spent many years practicing for Big Four accounting firms, state, local, and federal governmental bodies. He has investigated and provided oversight for investigations of Federal and state criminal violations, including many types of fraud. Mr. Matthews was instrumental in developing proprietary anti-fraud and compliance tools for two of the five largest accounting firms in the world, and he has served as a consulting expert in developing and implementing numerous risk management programs for companies in various industries. Mr. Matthews also developed and currently teaches the University of Texas at Arlington’s Forensic Accounting and Fraud Investigations Class for the MBA program.


Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For Accounting and Legal Professionals
Original Recording Date 02/09/2017
Yellow Book No
Course Developer

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Instructional Delivery Requirements Group Internet Based

Reviews

5
4
3
2
1

Overall:      4.3

Total Reviews: 334

Comments

Nathan S

"Good info and Course - thanks!"

Celia S

"Thank you for the free CPE with a topic that is interesting and timely"

Julene B

"Very good discussion."

Lee Y - Honolulu, Hawaii

"Thanks"

Brooke B

"Good job!"

Ronald R

"good job by all"

Maurice B - Miami, Florida

"very good"

Nicholas S

"Good topic and good info. Thought it was great course."

Barbara R

"nice job"

Jessica R

"I enjoyed this format. "