Detecting & Preventing Fraud

Yes, fraud happens - even in nonprofits - and it can harm future fundraising.  Knowing what to look for and implementing preventative measures can protect valuable assets and build donor confidence.

You will receive an overview of the types of fraud common to nonprofit organizations.  By the end of the course you will understand how to maximize fraud-prevention at minimal cost.  You will also be able to recognize the red flags of the occupational frauds most likely to hit your organization.

You will gain a good understanding of the internal controls a nonprofit should have in place to mitigate the risk of material errors or fraud.  Good internal controls are expected not only by the IRS, but by donors and grantors.

Learning Objectives
- Know the red flags of common internal fraud schemes
- Acquire tips on safeguarding the assets and resources of your organization
- Understand components of good internal controls
- Know how to implement various controls over key financial areas

Level
Introductory

Audience
Executive Directors, Board Members, Chief Financial Officers and financial staff wishing to learn more about improving the credibility of their organization and increase efficiency.

Presenters
Janet M. McHard and Jason Galloway

Janet M. McHard, MBA, CPA, CFE, CFFA, CFF
Janet founded McHard/Accounting/Consulting/LLC in 2009.  Prior to that, she was a senior manager at Meyners + Company in Albuquerque, NM.  She is a Certified Fraud Examiner and a Certified Forensic Financial Analyst.  As an adjunct faculty member of the ACFE, Janet has traveled internationally teaching fraud prevention and investigation specialists.

Janet holds a Bachelor of Arts from the University of New Mexico as well as an MBA from UNM's Robert O. Anderson School of Management.  She is former President of the Board of Directors and currently serves on the National Board of Advisors for the Keshet Dance Company and is a member of Alexis de Tocqueville Society of the United Way of Central New Mexico.

Jason Galloway, CPA
Jason is a Senior Manager at Moss Adams and has practiced public accounting for over 10 years working in auditing not-for-profit organizations including large and small local and affiliate charities, educational service organizations and foundations.  Jason is a member of the American Institute of Certified Public Accountants, New Mexico Society of Certified Public Accountants, Association Government Accountants and the United Way of Central New Mexico's Young Leaders' Society.  Jason holds a Bachelor of Business Administration in Accounting from the University of New Mexico's Robert O. Anderson School of Management.