Sponsored by NASBA Center for the Public Trust and the Center for Audit Quality

Deterring and Detecting Fraud: Hollate Manufacturing Case Study

Sunday, October 27, 2013
2:00 – 3:30 p.m.

For the first time ever, NASBA Center for the Public Trust is sponsoring a complimentary Pre-Annual Meeting
workshop which will provide the opportunity for an interactive discussion about the situation at Hollate
Manufacturing, a fictional mid-sized public company. Taught by a Harvard professor using the Harvard case study
method, workshop attendees will participate in a thought-provoking dialogue about corporate governance,
skepticism, fraud, and the importance of good communications. The case study was developed by the Anti-Fraud
Collaboration, a partnership that the Center for Audit Quality formed with Financial Executives International (FEI),
The Institute of Internal Auditors and the National Association of Corporate Directors to promote the deterrence
and detection of material reporting fraud.

Led by Karthik Ramanna, Harvard Business School Associate Professor of Business Administration, Henry B. Arthur
Fellow, Marvin Bower Fellow, the program will explore the roles and responsibilities of the various parties in the
financial reporting supply chain; and examine the environmental and internal control characteristics involved,
techniques for detecting financial statement fraud: and the evidence to support an allegation of fraud.

Following the case study teaching, workshop attendees will participate in a discussion on best practices for financial
fraud deterrence and detection.

AGENDA
1:45 p.m. Registration & check-in
2:00 p.m. Introduction & case study review
2:15 p.m. Action plan: Identify immediate-term response
2:40 p.m. Reflection: Identify weakness in the company and
its culture
3:00 p.m. Roles and responsibilities of the supply
chain participants
3:20 p.m. Lessons learned: how to deter and detect
fraudulent behavior

In utilizing the Harvard case study method of teaching,

significant interaction and robust discussion is anticipated. To
provide the proper forum for this dynamic interchange, seating
will be limited to those who first register. As an added bonus, 1.5
hours of CPE will be provided to those who participate!