Real Frauds Found in Not-for-Profits

Available Anytime
Location: Online
4Credits
Accounting and Auditing
Registration is Open
FICPA Members
$105.00 Regular Price
Nonmembers
$125.00 Regular Price
Product Code: AI23-CL4RFNF
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Auditing, Business Management & Organization

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.

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.

Major Topics:

Key Topics

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

Designed For:

Who Will Benefit

Auditors and accounting and financial professionals of nonprofit entities



Prerequisite:

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