Ethicast Reacts: Embezzlement at the Detroit River Conservancy скачать в хорошем качестве

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 Ethisphere Resource Center: https://www.ethisphere.com/resources News link: https://www.clickondetroit.com/news/l... News link: https://www.axios.com/local/detroit/2... News link: https://projects.propublica.org/nonpr...