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False Assurance film drama

False Assurance film drama

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Business people are being invited to a free screening of a drama film which puts the actions of accountants, auditors and company directors under the spotlight.

False Assurance is a 35 minute film made with cinema quality film equipment and starring British actors and actresses.

A scene from False Assurance

A scene from False Assurance

The training film, which has elements of cinema-style drama, was made in London.

The film will be shown at the Broadway Cinema inDouglas on Thursday (December 1) as part of an event organised by PwC Isle of Man.

The event is aimed at directors, so-called ‘C-suite’ senior executives and IT and compliance

False Assurance is the first venture into the productionof drama films by the world renowned professional membership organisation, the ICAEW.

Nick Halsall, partner at PwC Isle of Man, said: ‘False Assurance is a thought-provoking drama created to generate discussion about how accountants, auditors and company directors should act when faced with difficult situations.

‘The film was written by Duncan Wiggetts, a former partner with PwC, who is now executive director for professional standards at ICAEW.

‘The story revolves around how a fictitious company is damaged by the actions of its executive directors and a lack of courage and vigilance from its Board.’

False Assurance covers many topical issues experienced by board and audit committee chairs, including cyber security risks, anti-bribery controls, executive compensation packages, whistle-blowing procedures and the reliability of internal investigations.

The screening of the film will be supported by an expert panel of John Ormerod, Chris Hall and Steve Billinghurst.

Nick added: ‘We are delighted to be able to show this film to a local audience with the support of an experienced panel, in particular our guest to the island, John Ormerod.

‘John has extensive experience within the accounting profession and will bring invaluable insight as an experienced non-executive director and audit committee chairman.’

Registration is at 8.30am, with the event starting at 9am for a 10.30am finish.

John Ormerod spent 30 years in the accounting profession working for Arthur Andersen and Deloitte. Since leaving the profession he has been a non-executive director of a number of listed companies, public interest entities and charities, and private equity backed businesses including two fiduciary services providers with operations in the Isle of Man.

Chris Hall has worked in the telecommunications sector for 35 years holding a range of senior positions before being appointed managing director of Manx Telecom. Since leaving Manx Telecom Chris has built a portfolio of non-executive directorships.

Steve Billinghurst is advisory director at PwC Isle of Man, leading the advisory practice encompassing internal audit, data privacy and cyber security.

He has more than 25 years’ professional experience working with listed and regulated clients across a wide spectrum of industries onshore and offshore.

To register your attendance at the event, complete the registration form at www.pwc.com/im/falseassurance

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