Error loading player: No playable sources found
NOT2249
Frauds We Have Known and Not Loved: An Examination of Frauds at Organizations That Thought They Were Too Small for it to Happen
Date
June 15, 2022
$49
Standard Price
This product is also available as part of the following products:
This includes sessions from the conference: 2022 AICPA & CIMA Not-for-Profit Industry Conference
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
- Identify the ever changing risk environment and learn to recognize common frauds
- Analyze fraud prevention and detection procedures that may be applicable to smaller organizations
- Determine areas for employee and management training to identify potential fraud early
Speakers
Catherine M. Pennington, CPA, CGMA, MBA
Principal, Catherine M. Pennington, CPA, LLC
Joyce E. Terry, MBA, CPA, CGMA
Principal, Joyce E Terry, CPA, LLC
Related Products
A&A Ask the Experts
Ask questions to the A&A experts! Our experts will address any questions you may have and discuss technical issues that have surfaced over the past few years…
Obtaining Audit Evidence in a Remote Environment
Auditing remotely is quickly becoming the new normal. Join this session for practical considerations when conducting your audits remotely…
Embracing the Power of AI in Your Assurance Engagements
According to the 2018 ACFE Report to Nations, two out of the top three categories of occupational fraud are asset misappropriation and financial statement fraud…
Does CECL (FASB ASU 2016-13) Apply to NFPs?
The effective date of the Current Expected Credit Loss (CECL) FASB guidance is approaching. Join us for a session to discuss upcoming changes as a result of this standard, including considerations that nonprofit organizations should evaluate in advance of the adoption date…
