linkedin facebook  twitter

 

 or Call (888) 634-0001

Fraud Prevention:  What is a Not-for-Profit Board Member’s Duty of Care?

Posted by James A. Krupinski, CPA

May 11, 2017 2:56:39 PM

Fraud or “theft” has been occurring since the first days of humankind.  It is a reality that will never go away and no person or organization wants to be a victim, especially on their watch. There is no typical demographic for an individual who commits fraud.  Whether public, private or not-for-profit, every organization is at risk of potential fraud. 

Read More

Topics: Fraud awareness, NOT FOR PROFIT, EXAMINATIONS, BOARD MEMBER, Fraud Risks, Board of Directors



A Fraud Policy for Your Employee Benefit Plan? You Betcha!

Posted by Brendan P. Brady CPA

Jun 17, 2015 11:21:07 AM

When not reading about cyberattacks and information security breaches, occupational fraud/employee fraud are stealing headlines (pun intended)

Read More

Topics: Information Security, internal controls, employee benefit plan, employee fraud, occupational fraud, Fraud Prevention, Fraud awareness, risk assessment, fiduciary responsibility, fraud policy



Fraud Awareness & Prevention: Access Control

Posted by William Prohn, CISSP, CISA, CGEIT, CRISC

May 29, 2015 10:56:00 AM

Let's consider the following scenario: Your organization enforces mandatory vacations in an effort to prevent occupational fraud. A current employee is perpetrating a fraud scheme involving a fictitious employee and must access your accounting system bi-weekly to continue the fraudulent activity. Unfortunately for you, employees are allowed to work from home and the fraudster in question simply logs in after-hours and performs the necessary steps to maintain his/her scheme. 

This scenario highlights the importance of IT controls, as we see that the fraudster was able to circumvent the organization's anti-fraud efforts by taking advantage of a weakness in the IT control environment.

Read More

Topics: Information Security, information techology, fraud, forensics, Monitoring, Fraud Prevention, Logging, Access Control, IT Controls, Fraud awareness, Fraud Investigation, Fraud Detection, Administrators





Join Our Mailing List


Recent Blogs

Posts by Topic

see all