1035
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Better watch out! — Construction fraud can hurt your bottom line
September / October 2012
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 1035
Abstract: In its 2012 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Examiners (ACFE) estimated that a typical organization loses 5% of its revenues to occupational fraud each year. When it comes to construction, the ACFE found that the median loss suffered due to fraud schemes was in the neighborhood of $300,000. This article describes some common occupational fraud schemes and how to combat fraud. A sidebar describes the three categories of occupational fraud.
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Does your board “get” your financials?
Summer 2011
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 1035
Abstract: Not all of a nonprofit’s board members may really understand the numbers they receive and what they mean to the organization. This article offers ways to help make this information clearer, beginning with understanding the members’ varying levels of expertise and how to improve their knowledge. It then offers concrete examples of effectively communicating information through pie charts, bar graphs and financial ratios. A sidebar mentions the importance of conducting a cash flow analysis.
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Less can be more — When calculations offer an alternative to valuations
January / February 2009
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 1035
Abstract: Calculations can be an efficient, economical alternative to detailed, written valuation reports — but only under the right circumstances. This article explains what a calculation is, identifies the pros and cons, and considers some examples of when a calculation might (or might not) work. The article notes that whether or not a calculation will work depends on the engagement specifics, including the appraisal’s intended use, the interest being valued and the availability of information.