Скачать или смотреть Ethicast Reacts: Embezzlement at the Detroit River Conservancy

An embezzlement case of epic proportions shines a bright light on the importance of internal controls and speak-up culture, as federal prosecutors seek a sentence of 18 years for the former Detroit Riverfront Conservancy CFO William Smith for embezzling $44.3 million from the nonprofit over 10 years. In this episode, Ethisphere Chief Strategy Officer, Erica Salmon Byrne, offers some much-needed ethics and compliance context on what we can learn from this oversight failure, and how to prevent it at your organization.

2:36: What are we to learn from the auditor’s role in this?
3:31: What can we learn about speak-up culture here?
5:30: How can E&C programs prevent such epic corruption?
8:08: How can Board rotation discover this kind of fraud?

#ethics #compliance #corruption #detroit

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