How to Protect Your Organization from Fraud
Audit parters Terri McKnight and Amy Boland provided on overview of the Association of Certified Fraud Examiners’ 2010 report on fraud including an analysis of the impact of fraud on organizations and the most likely perpetrators of fraud. Their discussion also highlighted key motives for fraud at nonprofits including economic hard times and internal threats, types…
Financial Leadership: Best Practices
Tax-exempt organizations have many choices to make and relationships to build to ensure the operational success of their organizations. Audit partners Jackie Cardello and Amy Boland help financial managers navigate these issues through a discussion of management and board roles and responsibilities and provide an oversight of financial statements, operating reserves and internal financial statements….
Surviving Your Employee Benefit Plan Audit
Gelman, Rosenberg & Freedman Employee Beneft Plan Audit Specialist Jackie Cardello presented on the various elements of nonprofit employee benefit plan audits including: Audit requirements Auditor responsibilities and employer responsibilities Common audit findings Filing Form 5500 and audit conclusion Ms. Cardello distinguished between small and large plans, as well as the number of participants in…