Tuesday, October 30, 2012

Fraud in Religious Organizations VI

OK -we have discussed how churches are vulnerable to fraud.  What can they do about it?

Here are some suggestions which are not only applicable to most organizations, but especially to churches and other houses of worship:

1.  Churches can reach out their congregants who may have experience in fraud and risk management.  Many times these professionals will provide their services free of charge or for a reduced rate for their churches.

2.  Churches need to understand that checks and credit cards are especially vulnerable to fraud.

3.  Church board members need to understand that trust is not an effective means of internal controls.

Credit is given to Robert Corness and Carol Johnson and the Jan/Feb 2012 issue of Fraud Magazine for this article.


NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR IS IT INTENDED TO BE LEGAL ADVICE.  IF THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.

                                             

Have a great and fraud-free day.

 


 

----------à>>>>>>>>>>>>>>>gene tausk

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