Liars, Cheats, & Thieves: Practical Internal Control Solutions for Nonprofits

nternal controls are implemented to protect an organization from unauthorized expenditures and fraud/embezzlement. Small to mid-size organizations are vulnerable due to the limited number of staff in the business office or accounting department. The way to combat unauthorized expenditures and/or being ripped-off is through proper internal controls which include communication, process & procedure, and periodic verification and review. Through the review of short case studies this webinar will cover internal controls to implement considering the organization size, where and how fraud can occur, signs to look for, ways to stay vigilant, and what to do if your organization is a victim.

Takeaways:

• Understanding the circumstances that can allow unauthorized expenditures or fraud to occur and how to spot the signs.
• Understanding the various types of fraud, embezzlement & unauthorized expenditures.
• Knowing the policies & procedure to implement to protect the organization.