2023 Identifying and Addressing the Risk of Fraud in Nonprofit Organizations (September 29-Virtual)

Identifying and Addressing the Risk of Fraud in Nonprofit Organizations: This 4-hour module will help auditors and those working in nonprofit organizations to identify and address the most common fraud and abuse schemes that are perpetrated against them. Using a case study format, participants will learn how these fraud schemes can be prevented and detected. The issue of fraud is especially important to understand in an economy where incentive and pressure to commit a fraudulent act is intensified. This course has been updated with a discussion on the important changes in the COSO Framework and COSO white papers on board governance and cyber fraud and statistics from the Association of Certified Fraud Examiners.   (Qualifies for the 24-hour Yellow Book requirement. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor-specific basis depending on that auditor’s Yellow Book clients. Note that the determination of course qualification is a matter of an auditor’s professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.)

Objective(s): Participants will be able to identify situations where there is a risk of fraud and create ways to prevent and detect them.

Major Subjects: • Fraud Prevention/Reporting

Registration ends September 27, 2023

PRESENTATION         HANDOUT/MATERIALS

Members:  Free          Non-Members:  $75