Real Frauds Found in Not-for-Profits

Overview

Recognize red flags.

Due to the nature of NFPs, fraud may be more common than it seems. Learn how to recognize red flags of fraud, including cyber fraud.

This self-study course offers a comprehensive learning approach using real-world examples, explanations of audit standards, and informative case studies that analyze several unique frauds which occurred in the NFP industry.

Highlights

Key Topics

• Misappropriation of benefits
• Pledges and contributions
• Cyber fraud
• Grant expense allocations

Prerequisites

Basic understanding of internal controls within a not-for-profit entity.

Designed For

Who Will Benefit

Auditors and accounting and financial professionals of nonprofit entities

Objectives

Learning Outcomes

• Recognize how expense allocation policies can be circumvented and lead to possible fraud.
• Identify how various board incentives and mandates may be possible indicators of fraud.
• Identify how personnel policies and procedures can be circumvented and lead to possible fraud or abuse.