Governmental & Not for Profit Fraud 2024

Overview

Governmental and not-for-profit organizations are entrusted with funds from taxpayers and donors and are frequently targeted by fraud perpetrators. How can these organizations ensure those funds are used only for intended purposes? This course will provide several real-world case studies in which a governmental or not-for-profit entity was the victim of fraud, including what type of fraud (asset misappropriation, fraudulent financial reporting, or corruption), how it happened, the fraud indicators that were present, and what could have been done to prevent the fraud.

Highlights

• Review real-world examples of fraud schemes perpetrated against governments and not-for-profits, including misappropriations of cash, grant frauds, vendor frauds, inventory thefts, and payroll frauds • Understand and recognize fraud risk and fraud indicators • Consider types of fraud prevention programs

Prerequisites

Basic knowledge of governmental and not-for-profit entities

Designed For

Auditors of governments and not-for-profit entities and industry professionals working in the government and not-for-profit environment.

Objectives

• Identify common types of fraud schemes occurring today in governments and not-for-profit entities • Learn how to identify fraud indicators or “red flags” • Develop controls to prevent fraud

Preparation

None