Understanding Financial Statement Fraud: An Insider’s Perspective
April 18, 2013
Faculty Lead - Megan Hess
Aaron Beam is Co-Founder and former CFO of HealthSouth, at one time the nation's largest provider of outpatient surgery and rehabilitative services. HealthSouth is perhaps better known as one of the largest corporate accounting scandals in recent history. Mr. Beam played a significant role not only HealthSouth’s success but also in its downfall, when he “cooked the books” at the direction of the company’s chairman and president in order to meet Wall Street’s earnings expectations. Mr. Beam hopes that sharing his perspective as a key player in one of the biggest corporate frauds in recent history can help future business leaders avoid making the same mistake that he (and the four CFOs who succeeded him) made.