About this course
Non-profit organisations not only provide essential services to the public, but they also form a sizeable portion of the global economy. Whether a non-profit’s mission involves supporting community and business development, health care services, religious activities, research and educational opportunities, or a host of other services, the work often requires substantial funding and a team of directors, employees, and volunteers. While the mission-above-profit aspect of these organisations might lull one into thinking that fraud is less of a problem than it is in the for-profit sector, non-profits actually face many unique fraud risks. Perhaps the biggest problem is that non-profits tend to have fewer fraud prevention controls than their for-profit counterparts—whether due to lack of awareness or an unwillingness to spend funds on this area. Additionally, it is a common perception that crimes against non-profits that receive public funds, tax benefits, or donations are essentially crimes against the public. As a result, fraud involving non-profits tends to receive increased media attention, which can also lead to decreased financial support.To help reduce the risk of fraud-related losses at non-profits, fraud examiners need to understand the most common types of schemes perpetrated at non-profits. This course will cover schemes committed against the non-profit by employees or insiders, those committed by external parties, as well as fraud that can be attributed to the non-profit itself. Additionally, the course guides examiners on identifying the most effective fraud detection and prevention methods based on an organisation’s particular risks.
By completing this course, you will understand how to:
- differentiate how non-profits are regulated compared to other organisations
- identify fraud schemes commonly committed against non-profits
- recognise behaviour by agents that could cause a non-profit organisation to be liable for fraud
- ascertain what internal and public information is available for fraud examinations regarding non-profits
- recall the steps necessary for a due diligence investigation of a non-profit
- select the fraud prevention controls that are most effective in the context of non-profits.
Key information
- CPD certificate is available upon successful completion of the course.
- e-learning developed by Association of Certified Fraud Examiners.
