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10 Tips for Mitigating Fraud
Manage episode 412798769 series 3540661
Sisällön tarjoaa The Corley Company, LLC, The Corley Company, and LLC. The Corley Company, LLC, The Corley Company, and LLC tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
A nonprofit's #1 currency is trust. Any fraudulent activity by a nonprofit agency negates this trust. The Board has a role and responsibility to minimize the risk of fraud. This week, we discuss 10 tips for nonprofit boards to help mitigate fraud in their organizations.
Timestamps:
00:00 How nonprofit boards can mitigate fraud risk
01:40 #1-3 - Establish a Strong Ethical Culture, Implement Clear Policies and Procedures, Segregation of Duties
03:05 #4-6 - Regular Financial Oversight and Reporting, Board Oversight and Involvement, Independent Audit Committee
04:20 #7-10 - Whistleblower Policies, Regular Training and Education, Monitoring and Evaluation, Lead by Example
Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
Listen to the podcast on any of the following platforms:
Apple Podcasts
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Visit us at: www.thecorleycompany.com/podcast
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