Alumni Events

Each year educational alumni events are organized and count towards your designation's or association's CPD credits.

2017

Alumni On-Line Lecture: Tips & Traps fo Expert Witnesses 

  Tips and Traps

Letter size invitation

 

ACFI conference details

The ACFI Fraud Conference would like to extend the early bird special to DIFA Alumni and Students who register by phone before March 17, 2017.  If you are interested, please call the ACFI office at 416-226-3018.  

The DIFA Alumni group will be hosting an Alumni Dinner & Awards Night in the evening of May 1st at the event - more details under "Forensic Accounting in Transition - MFAcc Laundh, Dinner & DIFA Awards Night"

 


 

MFAcc Alumni Networking Event and Information Session
Invitation to the Grant Thornton Event March 2

 

Annual IMI Alumni Mixer
Over 160 IMI alumni, faculty and staff gathered at the Rosewater Room in downtown Toronto to network and reconnect with friends and colleagues.  This event was provided with UTM 50th Anniversary funding which allowed us to create a wonderful and engaging event highlighting the success of our grads.  DIFA Grads were well represented - can you spot the forensic folk!  https://flic.kr/s/aHskTnajbr

2016
Online Lecture: SCC Decision White Burgess Langille Inman (MBLI) - May 18, 2016
                         Jack M. Blackier, Partner - Cox & Palmer

2015
Online Lecture: Expert Reports – Nature & Extent of Interactions with Legal Counsel
                         Jack M. Blackier, Partner - Cox & Palmer

2013
Understanding the Nortel Decision-Experts analyze: Why did the Nortel Prosecution fail?
Moderator:  Len J. Brooks, Director, DIFA Program - University of Toronto
Forum Speakers:  David B. Debenham, Co-Chair, Supreme Court of Canada Practice Group, Co-Chair, Fraud Law - McMillan LLP;  Charles Smedmor,  Managing Director - Smedmor & Associates;  Nick Hodson, Retired Head of Ernst & Young's forensic practice.

Details of Alumni Events

2016

Online Lecture Series: SCC Decision White Burgess Langille Inman (MBLI) - May 18, 2016

Lecture Flyer

 


2015

Online Lecture Series: Expert Reports – Nature & Extent of Interactions with Legal Counsel

The Program will be hosting an Alumni Speaker Series presentation on May 12, 1:00 Atlantic time. "Expert Reports – Nature & Extent of Interactions with Legal Counsel" by Jack Blackier  

Jack M. Blackier is a DIFA graduate from Class 2009. Jack is a partner in the Saint John office of Cox & Palmer. He was called to the New Brunswick bar in 1997 after completing his education at the University of New Brunswick. Jack brings a wealth of knowledge to the Cox & Palmer team. Formerly of the firm Barry Spalding, he practises in the areas of tax, estate planning, commercial litigation, administrative law, and insurance law.

Details.

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2013

Understanding the Nortel Decision
Experts analyze: why did the Nortel Prosecution fail?

Toronto, ON (April 25, 2013) – The recent Nortel Networks verdict on alleged fraud was the topic of a candid forensic accounting forum hosted by the University of Toronto’s Diploma in Investigative & Forensic Accounting Program (DIFA).  The forum attended by accounting professionals, lawyers, and regulators, and broadcast by webinar, featured commentary and analysis from three leading forensic accountants.

The forum speakers were:  David Debenham, a CMA and a partner at McMillan LLP of Ottawa; Nick Hodson, the retired head of Ernst & Young’s forensic practice; and Charles Smedmor of Smedmor & Associates.  DIFA Director Len Books was the moderator.

In answer to “why did the Nortel prosecution fail? the three experts presented their views as to why the prosecution failed to make its case in the six month trial.  They provided input on why three former senior Nortel executives (Frank Dunn, Douglas Beatty and Michael Gollogly) were acquitted of all charges on misleading financial statements and alleged earnings management leading to the triggering of bonuses. 

David Debenham provided an overview of the decision.  He also identified what the Prosecution had to prove beyond a reasonable doubt:  there were materially false financial reports; and that the defendants fraudulently misled users.  David noted that while materiality was a key issue at trial, the Crown did not have an expert witness on materiality.  Further, David underlined that GAAP is subject to interpretation.  For Nortel, he noted, the treatment of accounting issues was much discussed among executives, the Board, and the auditors, so the process was not concealed.  This lack of concealment meant it was therefore difficult to conclude the defendants had an intention to act illegally. 

Nick Hodson emphasized that his views were his own, and not those of his former employer, and were based solely on his reading the court manuscript and the media reports.  He provided a seasoned investigative and forensic accountant’s perspective.  His comments focussed on the issue of materiality in this case, as well as the consideration that earnings management practices can be legal if immaterial.  However, Nick asked, why executives strive to manage their companies’ earnings, if their impacts are truly not material.  He closed by asking if additional evidence on materiality would have made a difference on the verdict.