1 CPE 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.
Learning Objectives
- Recognize the most common types of fraud perpetrated in government and not-for-profit settings and the average value of the losses stemming from those thefts.
- Identify the steps that auditors can suggest for audited entity managers and those charged with governance that will help minimize fraud.
- Identify the motivations, causes, and characteristics of individuals who perpetrate fraud.
Last updated/reviewed: August 27, 2023
- 1. Privileges and Protection: Preserving Confidentiality of Communications and Documents
- 2. Test Your Fraud IQ – Segment Two: Fraud Culture and Cyber Risk
- 3. Corporate Liability Insurance Fraud Prevention
- 4. CNM: Cyber Security Awareness
- 5. Fraud: Focus on Corruption
- 6. Comparing Corporate Security Methodologies
- 7. Financial Policies That Board Directors Should Know
- 8. Disclosures of Risks & Uncertainties (Text Based Course)
- 9. Sarbanes-Oxley (SOX) - Assessing Data Impact
- 10. SSAE 16 SOC 1 Guide for Service Organizations
31 Reviews (87 ratings)
Reviews
Anonymous
(Senior Associate IA)
I thought that the presenter had a great time presenting which makes it more engaging to want to learn. The fraud videos were interesting and made the course better.
Anonymous
(Financial Reporting Analyst)
I will comment on one aspect of the course in particular. The presenter recommended criminal background checks as a method to prevent fraud. He fails to address the issue that biases in the criminal justice system against racial minorities result in such checks having a disparate impact on those same minorities. He also does not address the fact that such checks will turn up information that is prejudicial but of questionable relevance for preventing fraud (for example, minor drug convictions or other minor violations of the law), which in turn will make it difficult for people with those convictions to move on from their pasts.
Other than that, the course was good.
Anonymous
(Owner)
An engaging look at governmental and NFP fraud. Particularly interesting were the fraud cases used as examples. The course provides helpful information regarding fraud risk areas, detection areas to focus on in order to boost the likelihood of detection, and internal control suggestions to reduce risk.
Anonymous
(Systems and Procedures Analyst)
The Government and Not-For-Profit Fraud Training-Common Frauds in Not-For-Profits and Governments course was beneficial, because of how much more fraud has become a problem in the workplace, and in everyday life.
Anonymous
(SFA)
Thank you. Good introduction course with a lot of real life examples. I really enjoyed the way the course was presented. Would be useful for everyone who has no idea about what fraud is in NPO's and Govt .
Vivian Jenkins
(Partner at Select Accounting Reporting and Consult..)
As a fraud geek, I was familiar with most of the content (and the stories), but there was still information that made me pause, say hmm and send a quick message to my staff about keeping their antennae up.
Anonymous
(OWNER)
Best course to date I have taken with Illumeo. My interest was 100% and even though moat of the information was not new it was presented in an engaging manner. The overall presentation was great!
Anonymous
(N/A)
This course provided a good overview of NFP fraud. The instructor used excellent case studies to illustrate various problems with internal controls that allowed fraud to be perpetuated.
Anonymous
(CFO)
The instructor is easy to listen to and has a sense of humor. He is quite good imparting the lessons of the course. The videos add interest. Overall, an engaging and helpful 1 hour!
Anonymous
(System Procedure Analyst)
This course has educated me about the non-profit organization and how they overlook how easy it is to commit fraud, since they do not have internal audits procedures in place
Donald Petter
( at SELF)
Excellent case examples. Adam could go more thoroughly into how to prevent these particular frauds. I would recommend this class to all folks in non-profit finance.
Anonymous
()
Great quick course on fraud in NFPs, with lots of real-world examples. Instructor is also very funny, which makes for a more enjoyable listen.
Anonymous
()
Great course!! Instructor provided interesting case studies and several examples of common frauds and how to mitigate/avoid them.
Anonymous
()
Very well done. Mr. Sanders was dynamic in his presentation and made this less like a course and more like a conversation.
Koye Arulogun
(CPA at EWM GROUP, PC)
Very informative. Case studies enlightening. Would recommend to practitioners for better understanding of governments fraud
Anonymous
(Assurance Specialist)
Very interesting course! I do not work in this industry so I'm glad I had the chance to learn something new.
Anonymous
()
This course provides an understanding of common frauds found in Government and Not-For-Profit organizations.
Anonymous
(-)
Good explanation of fraud in government and not-for-profit along with real life examples to illustrate.
Anonymous
()
Pretty straight forward regarding fraud when it comes to weak internal controls, and how it's found.
Anonymous
(Auditor)
The course was really good. It provided relevant and useful information. The instructor was awesome.
Anonymous
()
Test was short and sweet. It is absolutely redicolas that my comment must be 50 characters.
Anonymous
(Senior Director, Finance and Administrat..)
The use of cases to demonstrate the topic’s importance were informative and interesting.
Anonymous
(Grant Accountant)
Enjoyed the videos. I believe it's time to update the course with more recent examples.
Anonymous
()
Quick overview of fraud as it relates to NFPs and some keys to look for with examples.
Anonymous
(Auditor)
I enjoyed the case studies, but some of the slides and information are a bit outdated.
Craig Campbell
( at National Reconnaisance Office)
Well structured coursed Good presentation by instructor.Met course objectives/.
Sandra Heelan
(CPA, CFE, MBA at None)
Adam is a good presenter. This is an interesting class due to the case studies.
Anonymous
(Client Service Executive)
Nice discussion.Meaningful and informative review. Thank you so much
Anonymous
(CFO)
The instructor provided great examples - the videos were good.
Beverly Allgood
(Revenue Agent at Department of the Treasury)
Good, simple presentation with interesting case studies.
Anonymous
(Grey Market Program Manager)
very well structured and a good recap of fraud schemes.
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Adam SandersCPA & Consultant Specializing in Not-for-Profit & Small Businesses
About Illumeo
Platform
Resources
Contact Us
- Email: info@illumeo.com
- Phone: 408-400-3993
- Adress: 1608 W Campbell
- Av #221, Campbell, CA 95008
© 2024 Illumeo, Inc.