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Even though nonprofits don’t face the same government regulations as for-profit companies, fiscal oversight is the board's responsibility.  Donors and other watchdog groups pay close attention, and the media is quick to pounce on rumors of fraud in the nonprofit sector.
Uncovering fraud doesn’t always require in-depth data analysis or forensic accounting techniques. Qualified experts also find basic managerial accounting practices are handy tools when identifying potential fraud,
A ghost employee is someone who appears on your payroll system, but who does not work for your company. The ghost employee can be a real person who is knowingly added to the payroll records, or a fictitious person invented by a dishonest employee.
The reasons why employees steal can be hard to predict.  In many cases, employees who commit fraud are the most likable people in the office — personable, helpful and good at their jobs. It’s not easy for companies to spot dishonest employees. So in addition to shoring up your internal
Up-to-date, accurate job descriptions form the foundation of every organization’s staffing efforts. Without clear, focused documentation of what each position does, you may struggle to hire and retain good employees
If your not-for-profit’s program lineup has remained unchanged for a couple of years, some of them might be due for replacement.  Consider using the tradition of spring cleaning to review and update your offerings.
Many nonprofits struggle with technology because of smaller staffs and limited IT expertise. For them, "embracing the cloud" is a solution that’s easy to adopt, and could result in better control over technology costs and greater efficiency and productivity.
Are you doing everything you can to educate your financial supporters and their employers about matching gifts? Corporate gift-matching enables donors to make larger contributions than they can manage on their own. Knowing their gift will be matched, they might even bump up the amount. Therefore, do everything you can
the organization — even when he or she isn’t on the job. However, whether you should take an adverse employment action (such as suspension or termination) against an employee for an outside-of-work incident is a delicate matter.
The key role of a not-for-profit’s internal auditors was once limited largely to testing financial and compliance controls and reporting their findings to the organization’s leadership. But today, with their cross-departmental perspective, internal audit staff (whether employees or outside consultants) can help anticipate and mitigate a variety of risks, improve
Retaining employees reduces substantial recruiting costs. Unfortunately, many employers still find themselves seemingly helpless to stop the random and sometimes constant departure of skilled workers. One way to diagnose the severity of your turnover trouble is to put a number on it.
Yet plenty of nonprofits are still hesitating to add employees to the payroll. If your organization is on the sidelines but thinking about hiring in the near future, the following three questions can help you decide.
Technological hardware keeps many organizations running these days. Unfortunately, hard-mannered technical employees can be bad for business.
From the world of entertainment to Capitol Hill, allegations of sexual harassment have disrupted the status quo and made headlines at a remarkable rate. Meanwhile, on social media, the #MeToo movement has sparked widespread discussion.
Not-for-profit boards can vary widely, with different responsibilities and expectations for their members. The structure, for example, can be anything from a less-involved group that takes its direction from the organization’s leader, to a fully functioning, hands-on board that essentially runs the nonprofit, to boards that fit somewhere in between.
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