By Neil Taurins, Accounting Today
Fighting fraud before it ever begins is a key responsibility for nonprofit accountants and their finance team. The days of reacting to fraud after it happens are behind us. Organizations need to normalize talking about fraud in order to prevent it from ever happening to begin with.
Implementing strong internal controls is one of the best ways to prevent fraud at an organization. According to the New York State Office of the Attorney General, standard internal control practices include: