In this episode, we are bringing back one of our most popular episodes: Holding Management Accountable to Prevent Fraud. Enjoy!
Too often, we put blind faith in management regarding decision-making and financial matters. In this episode, I share the importance of accountability - questioning our leaders for greater transparency and safeguards against fraud. We examine a few things: Who is responsible? How easily available are those financial reports? And most importantly-- how quickly are they published so everyone involved can see them right away? Let’s delve into these critical issues that help foster an open organizational culture!
Mentioned Resources:
Fraud Risk Assessment
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Implementing Better Procedures to Avoid Misappropriation
Embracing the Importance of Governance
Eliminate Budget Season Stress with a Wishlist
The Importance of a Mission-Focused Collaboration and Budget
Having Protection and Processes to Avoid Misappropriation with Documentation
An Intense Dive into the Form 990
Competitive Compensation and Ethical Funding
Making Sense of Your Financial Reports
The Top Questions and Answers to Help You Start Your Nonprofit Organization
Guidance, Counsel and Mercy with Cherrise Wilks
Avoiding Clerical Mistakes with Deadlines, Descriptions & Proper Delegation
Dodging Accounting Discrepancies
Let’s Talk Money and Impact
The Power of a Focused Mission Statement
Budget and Milestones with Tosha Anderson
990 Schedule I: Grants and Other Assistance in the US
990 Schedule G: Fundraising and Gaming
990 Schedule B Schedule of Contributors
990 Schedule A: Public Charity Status & Public Support
Management Representation Letter
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