The actions of accountants, auditors and company directors will come under the spotlight at a screening of ‘False Assurance’, ICAEW’s first venture into the production of drama films.

The event is being organised by PwC Isle of Man and is aimed at directors (including non-executive), C-Suite, IT and compliance professionals. The event will take place at Broadway Cinema in Douglas on Thursday, December 1, 2016 and is free to attend – registration is at 8.30am, with the event starting at 9.00am for a 10.30am finish.

Nick Halsall, Partner at PwC Isle of Man, explained: ‘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 our expert panel of John Ormerod, Chris Hall and Steve Billinghurst.

Nick continued: ‘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 chair.’

John Ormerod – John spent 30 years in the accounting profession working for Arthur Andersen and Deloitte. Since leaving the profession John 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. John is currently a non-executive director and audit committee chair of itv, Gemalto a Dutch listed technology company and Constellium a NY listed manufacturing company.

Chris Hall – Chris has worked in the telecommunications sector for 35 years holding a range of senior positions at British Telecom before being appointed Managing Director of Manx Telecom. Since leaving Manx Telecom Chris has built a portfolio of non-executive directorships with current appointments including Manx Telecom PLC, Utmost Limited (previously AXA Isle of Man Limited) and various SMEs across a range of sectors. Chris is also an angel investor, focussing on technology start-ups, and provides strategic business advice via Can Do Consulting.

Steve Billinghurst - Steve 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. Steve primarily manages projects within the transaction services and risk assurance service lines and is a member of the Isle of Man Chamber of Commerce ICT and E-Business committee.

To register your attendance at the event, please complete the registration form at this link: http://www.pwc.com/im/falseassurance