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Is your not-for-profit organization protected against fraud?
Not-for-profit managers rarely see fraud coming. In fact, your current policies and processes may be inadequate to protect your organization from internal fraudsters.
Not-for-profits are built on a culture of trust. Their missions support the greater good, putting them in an idealistic world where people are less inclined to commit devious behaviour against the organization. This innocent perception is among the reasons why not-for-profits are at a higher risk for fraud.
In this video, BDO not-for-profit professionals discuss the realities of fraud across the not-for-profit sector, why it’s rampant, and strategies for prevention.
In recognition of fraud awareness during the month of March, we’ve customized our content to provide resources that will help you understand the role board members have in mitigating your organization’s exposure to fraud.
BDO's not-for-profit industry professionals are not only advisors, they're board members too. By putting pen to paper, they combined their experience as board members and industry knowledge as professionals to develop a wide range of resources specifically for not-for-profits.
For strategies on fraud prevention, download our guide below. Discover the key areas of fraud for board members to consider and how to handle fraud should it be discovered in your organization.