Nonprofit Internal Controls: The Essential Guide to Fraud Prevention
Nonprofit internal controls were the missing piece that led to a significant loss of funds for a beloved community organization we recently reviewed. Sadly, the cause wasn’t a sophisticated cyber-attack but a simple lack of oversight in their accounts payable process. Consequently, this vulnerability allowed a trusted volunteer to divert small amounts of cash over […]
Bookkeeping Ethics Guide: Integrity, Controls & Audit Readiness
Effectively, maintaining high bookkeeping ethics is not just an abstract concept; it is the set of everyday behaviors that keep your numbers trustworthy. However, many business owners view ethical controls as optional “red tape” rather than essential protection. Specifically, without these standards, you invite errors, penalties, and significant fraud risk. Below, we provide a practical, […]