Articles by

Andrea Addo

Benefits of a SOC Report

As outsourcing of services becomes more prevalent among organizations, it’s important for a company to ensure that its vendors enforce the same level of controls and protections that they do. A SOC evaluation is conducted by an independent CPA and provides validation and trust.
More Info »

Revenue Fraud in Associations

Fraud that makes the headlines are typically disbursement schemes, meaning that they are frauds that occurred from the disbursement of cash, such as embezzlement and purchasing frauds.  While these are very significant and should be considered by every type of organization by addressing internal controls surrounding cash disbursements, associations may
More Info »

Where Has All My Cash Gone?

Do you ever feel like you just never seem to have any cash on hand? Is your cash leaving the business as quickly as it comes in? Take a few minutes to get a better understanding of your cash flow and review the controls you have in place over cash.
More Info »

Corporate Credit Card or Expense Reimbursement?

How management monitors employee expenses whether using reimbursement method or company credit cards is a key internal control of the business. There are some pros and cons for both options and they have slightly different nuances when it comes to monitoring the controls over these expenditures.
More Info »

What is a Certified Fraud Examiner?

A Certified Fraud Examiner (CFE) has a unique set of skills that are not found in any other career field or discipline. They combine a knowledge of complex financial transactions with proven expertise in fraud prevention, detection and deterrence. Fraud examiners are trained to understand not only how fraud occurs,
More Info »

Not-for-Profit Governance: Fraud Risk Assessment

Governance of not-for-profit organizations is important for the sustainability and future impact of the not-for-profit 's mission. One key governance function is risk management and one specific area of risk management relates to fraud risk.
More Info »
We Value Your Privacy

This site may use cookies to store information on your computer. Some are essential to make our site work and others to improve the user experience. By using this site, you consent to the placement of these cookies and accept our privacy policy.