Government and Not-For-Profit Fraud Training – Common Frauds in Not-For-Profits and Governments

This course covers the common frauds and cases that have come to light in the recent past involving not-for-profits and local governments.  The course also discusses the most common types of frauds as well as the most costly types that tend to happen in a government setting.

Auditors have a variety of responsibilities per AU-C section 240, Consideration of Fraud in a Financial Statement Audit, but this course will address steps that auditors can suggest for management and governance to follow in order to minimize the risk that they will be victimized by frauds. Lastly, this course discusses a variety of cases including two cases in which a single employee was responsible for over $40 million in stolen funds from a government entity each.