Common Frauds in Not-for-Profits

Author: Robert K Minniti

CPE Credit:  2 hours for CPAs

This course is designed for individuals who would like to obtain a basic understanding of how fraud affects not-for-profit organizations. We will discuss various types of frauds and how the criminals commit the frauds. We will review some of the legal and ethical implications involved. Examples of real world cases will be provided to help develop and understanding of the risks involved. Participants will be introduced to the fraud triangle and occupational fraud with an emphasis on fraud in not-for-profit organizations. We will review internal controls that can help to prevent and detect fraud in not-for-profit organizations.

Publication Date: July 2016

Designed For
CPAs, CFEs, CFOs, directors, department managers, auditors, bookkeepers, staff accountants and others working with governmental entities.

Topics Covered

  • Discuss various types of frauds and how the criminals commit the frauds
  • Review some of the legal and ethical implications involved
  • Help develop an understanding of the risks involved
  • Examples of real world cases
  • Introduction to the fraud triangle
  • Occupational fraud with an emphasis on fraud in not-for-profit organizations
  • Review internal controls that can help to prevent and detect fraud in not-for-profit organizations

Learning Objectives

  • Recognize how fraud affects not-for-profit organizations
  • Review the methodologies for detecting fraud in not-for-profit organizations
  • Design and implement internal controls to help prevent and detect fraud in not-for-profit organizations
  • Identify statistics reported by the ACFE 2016 Report to the Nations on Occupational Fraud and Abuse
  • Recognize the fraud theory and who developed it
  • Differentiate considered pressures for committing occupational fraud
  • Describe skimming schemes within a Not-for-Profit
  • Identify types of asset misappropriation
  • Recognize types of corruption found within Not-for-Profits
  • Describe examples of CryptoLocker
  • Differentiate what is used for money laundering
  • Recognize how malware is hidden from the user
  • Identify what type of fraud ghost employees are part of

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Accounting (1 hour), Auditing (1 hour)

Program Prerequisites
None

Advance Preparation
None

Registration Options
Quantity
Fees
Regular Fee $55.00

 Chat — Books Support