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The Accounting Podcast

Why ethics and culture matter 🎙 Live at Sage Intacct Advantage

Dec 6, 2019
30:33

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Show Notes

  • 02:09 – Meet Kelly! 
  • 03:05 – Kelly talks true crime | WGN Radio 
  • 07:21 – It takes a balance - you need the 'yes' people and the naysayers to keep you from making crappy decisions
  • 08:36 – The first step to changing your firm's culture - you've gotta know you have a problem! 
  • 10:21 – Speaking of problems, we talk about the melee surrounding audit watchdog, PCAOB, and KPMG | WSJ 
  • 10:52 – We humans tend to take a one-dimensional viewpoint when it comes to fraud
  • 12:53 – 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 – How do we remove the incentives for unethical behavior?
  • 16:02 – Ethics training needs to focus on real-life, practical scenarios that actually relate to the people involved
  • 18:27 – When you’re talking about a company with hundreds of thousands of employees, ethical issues are critical!
  • 20:54 – Financial relationships, in any profession, can create a perverse incentive to ‘look the other way’ 
  • 23:36 – What your expense reports really say about you | WSJ
  • 23:59 – Kelly’s required ethics and fraud reading/listening list includes the docuseries, “Dirty Money”, a podcast called The Dropout, and John Carreyrou’s book, “Bad Blood” 
  • 25:56 – Kelly gives us a brief synopsis of her film, “All The Queen’s Horses” | YouTube
  • 29:04 – While she uses film as a teaching platform, Kelly has no plans to make more films. 

Connect with Kelly

Episode Art Photo Credit: 

  • April Blankenship
    • https://twitter.com/aprilblnknshp
    • https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram!  

Meet Blake and David in person! 

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