The NASPP Blog

We are excited to bring our popular “Meet the Speaker” series back to the NASPP Blog, featuring interviews with speakers at the 22nd Annual NASPP Conference.  This is a great way to get to know our many distinguished speakers and find out a little more about their sessions in advance of the Conference.

For today’s “Meet the Speaker” interview, we feature an interview with Bernice Toy of BeUbiq, who will lead the session “Keep the Striped Suit at Bay: Implementing Best Practice Financial & Reporting Controls.”  Here is what Berni had to say:

NASPP:  Why is are financial and reporting controls a particularly timely topic right now?

Berni: It’s been in the news and on NASPP blogs: SEC Chair Mary Jo White has stated “This coming year promises to be an incredibly active year in enforcement, as we continue to vigorously pursue wrongdoers and bring enforcement actions across the entire industry spectrum.”  Their focus? Financial reporting fraud and accounting irregularities, amongst others. So ask yourself: would you be prepared for an audit if the SEC showed up on your doorstep tomorrow?

NASPP:  What actions should companies be taking now?

Berni: Companies should take the time to implement processes to demonstrate that controls are in place.  In addition, document the policies and procedures.

NASPP:  What is the worst that can happen if a company doesn’t have good controls in place?

Berni: Non-compliance and/or fraud can land executives in jail.

NASPP:  If you had a store on Etsy, what would you sell in it?

Berni: If I had a store on Etsy, I would sell dance classes or crochet/knitted scarves.

Don’t miss Berni’s session “Keep the Striped Suit at Bay: Implementing Best Practice Financial & Reporting Controls” at the NASPP Conference!

About the NASPP Conference
The 22^nd Annual NASPP Conference will be held from September 29-October 2 in Las Vegas. This year’s program features 60+ sessions on today’s most timely topics in stock compensation; check out the full agenda and register today!