What is False Assurance ® about

We thought everything was in place for a successful future but how wrong we all were.

Alex Frayn, the former Chief Financial Officer of a fictitious company called D-Merton, tells the story of two turbulent years in the life of that company. He explains how D-Merton was brought to its knees by the actions of its executive directors, the lack of vigilance and courage by its board of directors and failure by the company’s auditors to identify and investigate red flag issues.

Brought to life by a cast of well-known television and film actors, viewers will see how the main characters deal with a series of dilemmas and difficult problems they encounter during the film. The film splits into four parts – the breaks provide the opportunity for viewers to debate what they would and would not have done in the same situations.

The hypothetical scenarios enable viewers to discuss difficult issues they might not feel comfortable to address in relation to their own work. False Assurance also provides an insight into the potentially dire consequences that may result from a decision to take the ‘easy way out’ of a dilemma.

You know as well as I do that we can’t work backwards from the consequences to form a judgment on the accounting.