Fraud Detection & Prevention In Not for Profits
06/09/2018 11:40 AM
Fraud is one of the greatest risks to the continued operation and reputation of a business. Fraud can threaten investors’ confidence, and can result in personal liability of the Directors of that organisation. In the case of Not for Profits, loss of reputation due to fraud can have significant affect on their funding from both corporate and individual donors, as well as government grants.
The white paper will detail a number of issues for Not for Profits to consider when implementing a fraud prevention program, including: What constitutes fraud; Fraud: Not just a dollar loss; Why does fraud occur?; Why is fraud not often detected?; Fraud in Australian Not for Profits; Some examples of fraud in Not for Profits; Board and Director’s responsibility; Managing your fraud risk; Case studies of fraud in Australia; Some facts about fraud; Steps to follow when fraud is discovered; and A fraud prevention checklist.