CPE: 8 hours
Category: Government & Nonprofit
Prerequisites: Knowledge of government and not-for-profit sectors.
Advanced prep: None
Who should attend: Auditors and financial staff of governmental and not-for-profit organizations.
What common frauds occur in governments and not-for-profits and how can they be avoided? Through an informative case study approach, we'll discusses benefits misappropriation, fictitious employees, bribes, internal control override and other common fraud areas that damage the reputations of government and not-for-profit organizations.
- Identify how interim fraudulent reporting may impact planned reliance on internal controls and any related audit procedures.
- Determine how personnel policies and procedures can be circumvented and lead to possible fraud or abuse.
- Identify ways to follow up on noted indications of fraud, abuse and weaknesses in internal control.
- Recognize how management override of internal controls can lead to possible fraud.
- Determine how donated assets and capital assets in general might be misappropriated.
- Interim financial reporting
- Benefits misappropriation
- Personnel fraud
- Grant expense allocations
- Misappropriation of assets
- Management override
- Bribes and kickbacks
- Fictitious employees
- Pledges and contributions
- Donated assets