Organizational risk in the nonprofit world is a huge issue every organization must prepare for and have policies in place to handle when it occurs. To say fraud will never happen in your organization is shortsighted, and having critical internal controls in place is essential to preventing chaos from erupting in case of an emergency. In this episode, Chyla talks about creating processes, procedures, and laws for your organization to make sure you are prepared to handle any financial risk that may come to your non-profit. Tune in!
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Conflict of Interest with Potential Business Partners
Avoiding Murky Data Reports
Outlining Government Expectations for Financial Accountability
Fiscal Sponsorship Pitfalls
Central Coast Kids and Families Embezzlement
Examining Rodeo Austin Accountant Million Dollar Theft
Avoiding Misappropriation with Documentation
Prioritizing Organization to Avoid Clerical Errors
Prioritizing Proper Accounting
Let's Talk About Compensation
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