Nonprofit Controls Ultimate Compilation Guide
March 20, 2017 THE NONPROFIT TIMES
According to the 2016 Global Fraud Study, published by the Association of Certified Fraud Examiners, the most prominent organizational weakness that contributed to fraud in its study was a lack of internal controls, which was cited in 29.3 percent of cases, followed by an override of existing internal controls, which contributed to just more than 20 percent of cases. Good controls are derived from the right policies, practices, activities, and behaviors – together creating a framework of a well-established control environment. Find out how your organization can ensure everyday success and safeguard your mission through proper financial controls that promote clean audits and help deter fraud.
Inside Abila’s Nonprofit Controls: Ultimate Compilation Guide you’ll find best practice policies and procedures around internal controls, key insight into audit preparedness, and ways to help mitigate fraud risk.