DFEI: Apr. 11, 2012: Weston Smith, Healthsouth Corp.

Weston Smith (submitted photo)

Weston Smith (submitted photo)

Weston Smith speaks frequently on ethics and integrity within business. He is passionate about teaching others the fruits of living and working responsibly, and the consequences of unethical conduct.

His background is unusual.

He was once CFO of a Fortune 500 company, Healthsouth Corporation, which over a dozen years became a Wall Street darling as it grew from one location to over 2,000 in all 50 States. However, underneath the glimmering corporate office, the fleet of corporate jets, and “consistent” earnings reports, lay a multi-year multi-billion-dollar financial statement fraud. Weston voluntarily came forward and exposed the fraud to the government, and accepted responsibility for his own actions.

Weston Smith is a former CPA who is a graduate of the University of North Alabama. He is a regular contributor to researchers of corporate fraud and has been a guest on The Fox Business Channel with Neil Cavuto.

Please contact Bruce Huhmann for more info.


Wednesday: April 11, 2012


On April 11, 2012, Weston Smith (former CEO, HealthSouth) visited NMSU students and faculty to discuss his role in HealthSouth’s massive accounting fraud.


11:00 am-12:30 pm: HSS, Room 202 (please note: new location). Crossing the Line: An Insider’s Perspective of the Healthsouth Fraud. Weston Smith will describe the culture of the company and the mechanics of the fraud and how detection was avoided. He will highlight both financial and non-financial red flags of corporate misconduct. Most importantly, Weston will challenge and motivate students “to simply do the right thing.” Registration required for this session. To register, please contact Gena Bermudez.

1:00 pm-2:15 pm: Guthrie, Room 103. Weston Smith will speak to Cindy Siepel’s ACCT 451 Accounting Theory and Practice sec 01 (12 students), and Master’s of Accountancy students.

2:30 pm-3:45 pm: Guthrie, Room 100. Weston Smith will speak to Cindy Seipel’s ACCT 451 Accounting Theory and Practice sec 02 (20 students), Kevin Melendrez’s ACCT 302 Financial Accounting II sec 01 (38 students), and Master’s of Accountancy students. Seats available. Please attend if interested.

4:00 pm-5:15 pm: Guthrie, Room 100. Weston Smith will speak to Ed Scribner’s ACCT 351 Accounting Systems (74 students), Kevin Melendrez’s ACCT 302 Financial Accounting II sec 02 (18 students), and Master’s of Accountancy students. Seats available. Please attend if interested.