Stop employee credit card abuse before it starts

A nonprofit staffer charged legitimate travel-related expenses to her employer’s credit card. Although she intended to file an expense report, her employer never asked for it — nor did the employer question her when it received the card statement. The employee was recently divorced and under unusual financial pressure, so when she couldn’t pay for […]

IRS issues warning on email scam targeting payroll and HR departments

Wheeler Wolfenden and Dwares, CPAs received an important notice from the Internal Revenue Service warning about an email scam that is once again happening across the country. The IRS notice, dated January 25, 2017, states: The Internal Revenue Service, state tax agencies and the tax industry today renewed their warning about an email scam that […]

The Case for Internal Controls: Reducing Fraud is Easier Than You May Think

The core of any organization’s fraud-prevention program is strong internal controls. Yet too many nonprofits either fail to develop controls that address common risks or, if they establish controls, neglect to enforce them. Your nonprofit must do both if it wants to help prevent occupational theft and fraud perpetrated by outsiders. Charities at Risk According […]