Free

Rules Versus Principles by former Enron CFO - Andy Fastow

Event Information

Share this event

Date and Time

Location

Location

Mountaingate Country Club

12445 Mountaingate Drive

Los Angeles, CA 90049

View Map

Event description

Description

Despite today’s more regulated and enlightened business environment, we continue to witness “Enron-esque” failures of corporate governance. Andy Fastow, Enron’s former CFO will make observations about how the ambiguity and complexity of laws and regulations breeds opportunity for problematic decisions and will discuss what questions corporate directors, management, attorneys, and accountants should ask in order to ensure that their companies not only follow the rules, but uphold the principles behind them.

• When is it acceptable to engage in a transaction that technically complies with the rules, but that may be misleading?

• Can a transaction that technically complies with the rules be considered unethical or illegal?

• Is it ever appropriate to depart from GAAP or IFRS?

More about Andrew Fastow:

Mr. Fastow was the Chief Financial Officer of Enron Corp. from 1998 – 2001. In 2004, he pled guilty to two counts of securities fraud, and was sentenced to six years in federal prison. He completed his sentence in 2011, and now lives with his family in Houston, Texas. Mr. Fastow currently provides litigation support at a law firm, and he consults with Directors, attorneys, and hedge funds on how best to identify potentially critical finance, accounting, compensation, and cultural issues.

Since his release from prison, Mr. Fastow has been a guest lecturer at universities and corporations, and at conferences for management, corporate directors, attorneys, accountants, and certified fraud examiners. Mr. Fastow was recently keynote speaker at the United Nations’ Principles of Responsible Management Education Conference, the FBI’s Advanced Financial Crimes Seminar, the Association of Certified Fraud Examiners Annual Conference, the American Accounting Association Annual Conference, and the Financial Times’ Outstanding Directors Conference.

Share with friends

Date and Time

Location

Mountaingate Country Club

12445 Mountaingate Drive

Los Angeles, CA 90049

View Map

Save This Event

Event Saved