ICAEW’s educational film, False Assurance, used high production values and dialogue to portray issues such as cybercrime, fraud and bribery, with a focus on how these issues should be investigated internally. The film, a case study about a fictitious company and its audit over a two-year period, was created to facilitate thought-provoking discussions about how accountants, auditors and company directors should act when faced with difficult situations. The story is broken into four parts - after each part, questions are provided to prompt discussion.
The accounting firm decided to license the film and deliver it to audit professionals in the US. The firm’s designers and content developers used the ICAEW film as the core of an innovative training program and developed workshop materials that would help reinforce the relevance of the film to the firm’s professionals.
The project was recognised by the Brandon Excellence Awards, which recognise the best organisations that have successfully deployed programs, strategies, modalities, processes, systems, and tools that have achieved measurable results. The awards attract entrants from leading corporations around the world, as well as mid-market and smaller firms.
Duncan Wiggetts, Executive Director of Professional Standards at ICAEW and writer of False Assurance, said: ‘We are delighted that False Assurance has achieved this recognition. Organisations around the world are using ICAEW films as part of their internal training programmes and the feedback has been fantastic. To receive this recognition reaffirms our commitment to supporting organisations to continuously raise standards’.
False Assurance is the fifth film written and created by Duncan Wiggetts, ICAEW Executive Director, Professional Standards. It tells the story of a fictitious company, D-Merton, and the events that led to a series of crucial decisions made by its directors. The film focuses on the many tensions within and between the executive management team and the board. It also explores how ethical dilemmas are navigated by the CFO, CEO, chair and the Audit Committee.
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About ICAEW
Chartered accountants are talented, ethical and committed professionals. ICAEW represents more than 208,000 members and students around the world.
Founded in 1880, ICAEW has a long history of serving the public interest and we continue to work with governments, regulators and business leaders globally. And, as a world-leading improvement regulator, we supervise and monitor around 12,000 firms, holding them, and all ICAEW members and students, to the highest standards of professional competency and conduct.
We promote inclusivity, diversity and fairness and we give talented professionals the skills and values they need to build resilient businesses, economies and societies, while ensuring our planet’s resources are managed sustainably.
ICAEW is the first major professional body to be carbon neutral, demonstrating our commitment to tackle climate change and supporting UN Sustainable Development Goal 13.
ICAEW is a founding member of Chartered Accountants Worldwide (CAW), a global family that connects more than 1.8m chartered accountants and students in more than 190 countries. Together, we support, develop and promote the role of chartered accountants as trusted business leaders, difference makers and advisers.
We believe that chartered accountancy can be a force for positive change. By sharing our insight, expertise and understanding we can help to create sustainable economies and a better future for all.