No excuses! Fraud prevention is easier than you may think

Description

Abstract: Defrauded nonprofits suffer a median loss of approximately $75,000 — an amount few can afford to lose. Fortunately, most fraud prevention measures are easy and inexpensive to implement. This article explains how nonprofits can foster an ethical culture, implement internal controls and generally discourage occupational theft. A sidebar lists fraud schemes that commonly affect nonprofits.