Preventing and Responding to Financial Fraud

In this webinar, we are joined by Hilda Polanco, managing partner of BDO FMA, for a discussion centering on how organizations can prevent and detect financial fraud by implementing and strengthening financial controls (internal structures, policies, and procedures).

BDO FMA highlights the most effective internal controls and provides a roadmap for deployment and reinforcement within the context of a nonprofit environment.

Toward the end of the hour, Sonja Kotza (CFO of Living Goods) joins us to share her team’s experience designing an effective response to, and intentional communication surrounding, financial fraud.

During this webinar, Polanco and Kotza share:

• Which internal control structures and key controls can aid in the prevention and detection of fraud?

• How can organizations bolster both internal controls and efficiency through the use of key technology systems?

• What are the best practices for the necessary management and communication steps once fraud is identified?

About the Speakers

Hilda H. Polanco, managing director (and previous CEO of BDO FMA), has led BDO FMA—an organization dedicated to helping nonprofits and foundations strengthen their financial and operational health—to become a go-to capacity builder where foundation and nonprofit leaders seek to address nonprofit financial-management issues.

Also featured in this webinar: Sonja Kotza, CFO of Living Goods.

Presentation Materials

• Webinar Presentation Slides

• Internal Controls Self-Assessment

You May Also Enjoy

Articles

• Nonprofit Fraud: It’s a People Problem, So Combat It with Governance (by Gerry Zack and Laurie De Armond in Nonprofit Quarterly)

• A Violation of Trust: Fraud Risk in Nonprofit Organizations (by Jonathan T. Marks, CPA, CFF, CITP, CFE, and Pete A. Ugo, CPA in Nonprofit Risk Management Center)

• Lex Mundi Legal Audit Checklist (Lex Mundi Pro Bono Foundation)