Why ethics and culture matter π Live at Sage Intacct Advantage
While at Sage Intacct Advantage 2019, we had the privilege of speaking with Kelly Richmond Pope, Ph.D, CPA about the importance of ethics and culture in accounting, and how she uses her passions for film, fraud, and learning to disrupt the world of accounting education. Kelly's credits include CPA, Associate Professor at DePaul University, AICPA Pre-Certification Executive Education Committee member, TED speaker, filmmaker, and more. We also discuss what effective ethics training should include, explore some ethics scenarios, and talk about a few notable stories revolving around fraud, such as KPMG, and MyPayrollHR.
Sponsors
- Bill.com https://cloudaccountingpodcast.promo/bill
- Teampay https://cloudaccountingpodcast.promo/teampay
Show Notes
- 02:09 β Meet Kelly!
- 03:05 β Kelly talks true crime | WGN Radio
- 07:21 β It takes a balance - you need the 'yes' people and the naysayers to keep you from making crappy decisions
- 08:36 β The first step to changing your firm's culture - you've gotta know you have a problem!
- 10:21 β Speaking of problems, we talk about the melee surrounding audit watchdog, PCAOB, and KPMG | WSJ
- 10:52 β We humans tend to take a one-dimensional viewpoint when it comes to fraud
- 12:53 β You can't rely on people's personal perceptions. You have to show them concrete examples of ethical lapses to paint a really clear picture
- 13:51 β How do we remove the incentives for unethical behavior?
- 16:02 β Ethics training needs to focus on real-life, practical scenarios that actually relate to the people involved
- 18:27 β When youβre talking about a company with hundreds of thousands of employees, ethical issues are critical!
- 20:54 β Financial relationships, in any profession, can create a perverse incentive to βlook the other wayβ
- 23:36 β What your expense reports really say about you | WSJ
- 23:59 β Kellyβs required ethics and fraud reading/listening list includes the docuseries, βDirty Moneyβ, a podcast called The Dropout, and John Carreyrouβs book, βBad Bloodβ
- 25:56 β Kelly gives us a brief synopsis of her film, βAll The Queenβs Horsesβ | YouTube
- 29:04 β While she uses film as a teaching platform, Kelly has no plans to make more films.
Connect with Kelly
- Kelly Richmond Pope
- LinkedIn: https://www.linkedin.com/in/kelly-richmond-pope-cpa-83689a5/
- Twitter: https://twitter.com/kellyrpope
- Kelly's TEDx Talk https://www.ted.com/talks/kelly_richmond_pope_how_whistle_blowers_shape_history/up-next%3E
- All the Queen's Horses - Website: https://www.allthequeenshorsesfilm.com/
- All the Queen's Horses - YouTube: https://youtu.be/dpr2A3S3CNk
Episode Art Photo Credit:
- April Blankenship
- https://twitter.com/aprilblnknshp
- https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2
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- December 9-11: Digital CPA Conference in Seattle
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