Fraud within an exempt organization will never be 100% preventable. However, understanding the characteristics and typical signs associated with fraudulent behavior can help mitigate some of the risks posed to an exempt organization, specifically a smaller exempt organization where complete segregation of duties may not be feasible. Common Fraud The most common type of fraud […]
Proper record keeping is the foundation of any healthy organization but getting the books in proper accounting shape can be overwhelming. In this series we’ll be sharing simple, bookkeeping quick tips for maintaining best practices when it comes to a nonprofits’s accounting functions. Accounting General Tasks Schedule time on your calendar to tend to the […]
Getting a financial statement audit sounds at most terrifying and at least intimidating. Coming from this side of the table (the people who do the auditing), we promise it doesn’t have to be either. It might not be the highlight of your year, but if it’s on your list of to-dos, then we’ve listed out […]
