Description
THIS SESSION NEEDS TO FOcUS ON WHAT NOT TO DO. WE HAVE A SEPARATE SESSION ON EFFECTIVE INTERNAL CONTROLS. THIS SESSION SHOULD BE WHAT/WHY WAS NOT EFFECTIVE. Fraud discussed will include check fraud, spoofing, accounts payable, falsifying contractor invoices, imprest petty cash checking accounts and more. In this session we will explore the loopholes that were exploited and offer insight on how smaller nonprofits can avoid or mitigate these unfortunate events.
Learning Objectives:
- Understand the ever changing risk environment and learn to recognize common frauds
- Examine fraud prevention and detection procedures that may be applicable to smaller organizations
- Examine areas for employee and management training to identify potential fraud early
Speaker(s):
- Ms Catherine
M. Pennington,
CPA, CGMA, MBA,
Principal,
Catherine M. Pennington, CPA, LLC
- Joyce
E. Terry,
MBA, CPA, CGMA,
Principal,
Joyce E Terry, CPA, LLC
Category:
Concurrent Session Onsite and Online
