Description 
What common frauds occur in governments and not-for-profits and how could they have been avoided? Through an informative case study
approach, this course illustrates common frauds that make headlines and damage the reputations of government and not-for-profit organizations. Recognizing fraudulent or deceptive practices is not always easy, but this course will sharpen your forensic skills with techniques to help you to uncover fraudulent activities in the governmental and not-for-profit environments.Specific topics include:

• Interim financial reporting
• Misappropriation of benefits
• Personnel fraud
• Grant expense allocations
• Management override
• Pledges and contributions
• Personal use of public assets
• Fictitious employees
• Misappropriation of assets

Objectives

• Determine how interim fraudulent reporting may impact planned reliance on internal controls and any related audit procedures.
• Recall how personnel policies and procedures can be circumvented and lead to possible fraud or abuse.
• Recognize potential ways to follow up on noted indications of fraud, abuse, and weaknesses in internal control.
• Recall how management override of internal controls can lead to possible fraud.
• Recall how bribes and kickbacks may occur.
• Recognize how donated assets and capital assets in general might be misappropriated.

Qualifies for Yellowbook