Fraud comes with a significant monetary impact. The Association of Certified Fraud Examiners (ACFE) Report to the Nations on Occupational Fraud and Abuse 2016 Global Fraud Study estimates that fraudulent activity costs $6.3 billion in losses, with the average loss per case coming in at $2.7 million. Nearly one in three of the cases in the study occurred in the not-for-profit and governmental arena.
Topics: fraud, non-for-profit, Non-profits, John Mulvaney, nonprofit, nonprofit fraud
On May 4, President Trump kept a campaign promise when he signed an executive order directing the IRS “to exercise maximum enforcement discretion to alleviate the burden of the Johnson amendment, which prohibits religious leaders from speaking about politics and candidates from the pulpit."
Topics: non-for-profit, Non-profits, nonprofit, Donald Trump, Johnson Amendment
The protection of sensitive information is vital in today’s operating environment. There were more than 100,000 information security incidents and 3,141 confirmed data breaches in 2016, according to a recent Verizon Data Breach Investigation Report.
Topics: non-for-profit, Non-profits, cybersecurity, nonprofit, Brenda Piazza
Not-for-profit organizations are the in the midst of a leadership shortage. Research compiled by Bridgespan projects that organizations will need nearly 80,000 new senior managers per year, significantly more than the number of senior managers who are currently employed.
Topics: non-for-profit, Non-profits, Daniel Cummings, CEO, nonprofit