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** Currently On Break** Ever wanted to get help running your nonprofit, but didn’t know where to turn? Did you know you need a nonprofit accountant, but that billable rate was too high? Check out the Nonprofit Ace Podcast. We’re here to help the overwhelmed nonprofit leader reduce their anxiety about money so they can focus on making an impact. We keep the episodes under 15 minutes so you can fit us in and not think about an invoice.:)
Episodes
Tuesday May 04, 2021
What is a Fraud Triangle?
Tuesday May 04, 2021
Tuesday May 04, 2021
Hey guys! This season, we are focused on taking preventative measures to avoid fraud and other financially improper conduct related to nonprofits. In this episode, we are examining what makes up a “fraud triangle”. We look at several factors that can lead someone to commit fraud, such as lack of internal controls, pressures both inside and outside the organization, and rationalizing whether the act of fraud is wrong. This is an informative episode that can help you determine if there are opportunities for financial wrongdoing in our organization. Tune in!
Highlights
- Opportunity for Fraud to Happen due to lack of internal controls
- Internal and external pressure from the organization
- People rationalizing potential wrongdoings
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