Best Practices

Anti-Fraud Collaboration Creates Self-Study Program on Ethics


by FEI Daily Staff

Leveraging its successful series of webcasts, the Anti-Fraud Collaboration unveiled a set of online self-study courses for corporate ethics training.

Housed on the learning platform of the American Institute of CPAs, the courses can be taken free of charge and with the potential of earning up to two continuing professional education (CPE) credits per course.

The self-study program—suitable for accountants, financial executives, directors, external and internal auditors, and other members of the financial reporting supply chain—tracks the topics covered during the webcast series. The courses are the following:

For each course, a panel of experts examines the topic at hand from a variety of perspectives. Panelists in the webcast series have included, among others, leading public company auditors, law partners, internal audit executives and chief ethics compliance officers, as well as representatives from the director and regulatory communities.

"At companies of all sizes, the importance of sound ethics in deterring and detecting financial fraud cannot be understated," said Center for Audit Quality Executive Director Cindy Fornelli. "We are pleased that the abundance of perspectives, tips, and best practices on ethics programs shared during these webcasts can be of even greater value through the added structure of this self-study series."

"Resources such as these online ethics courses are precisely what we envisioned when we formed the Anti-Fraud Collaboration five years ago,” said Michele Hooper, President and CEO of The Directors’ Council and Co-Chair of the Anti-Fraud Collaboration. "Together, we are leveraging the collective expertise of these organizations for the benefit of all."

The new online courses build on an impressive and growing platform from the Anti-Fraud Collaboration.

“Our mission at Financial Executives International is to advance the success of financial executives, their organizations and the profession. Integrity and ethics are facets that are core to the values of financial executives, and key to their success. This self-study series offered by the Anti-Fraud Collaboration provides valuable tools in building awareness of financial fraud, deterrence, detection and reporting best practices,” said Andrej Suskavcevic, President and CEO of Financial Executives International. “We look forward to the success of these courses as they continue to educate the industry on ethics.”

“NACD is proud to be a part of the Anti-Fraud Collaboration and welcomes this new self-study series to foster greater integrity in financial reporting and corporate culture,” said Ken Daly, CEO, National Association of Corporate Directors. “Working together, directors, auditors, financial executives, and internal auditors can make a positive difference for our companies and the global economy.”

“Having a strong ethical corporate culture is fundamental to good governance,” said The Institute of Internal Auditors President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA. "A robust ethical corporate culture helps deter and detect financial reporting fraud. These online, self-study courses are another valuable contribution to the body of work of the Anti-Fraud Collaboration."

For more from the Anti-Fraud Collaboration, visit www.antifraudcollaboration.com.