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Current Nonprofit Fraud Trends: What to Look Out For 4 Credits

Current Nonprofit Fraud Trends: What to Look Out For 4 Credits

  • Rating

    4.6
  • Reviewed on

    February, 2024
  • Subject Area

    Auditing

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • To analyze diverse fraud detection methods and their relative effectiveness.
  • To discuss the cause and impact of real-life fraud cases.
  • To list cybersecurity risks relevant to nonprofits.
  • To discuss and evaluate the role of anti-fraud controls, including external audits, in mitigating fraud risks.
  • To assess the value of hotlines in detecting fraud and explore best practices for whistleblower reporting.
  • To explain how to apply professional skepticism in the audit process, recognise red flags and implement effective engagement team discussions.

Course Overview

Explore the dynamic landscape of nonprofit fraud with our comprehensive CPE course, "Current Nonprofit Fraud Trends." Delve into a wealth of insights across seven sections, unravelling key fraud detection methods, anti-fraud controls, and invaluable case studies tailored to the nonprofit environment.

In this in-depth course, you'll navigate the intricacies of fraud prevention and detection. Learn about the most common anti-fraud controls, including external audits, formal codes of conduct, and the critical role of internal audit departments. Uncover the most effective strategies for reducing both the amount and duration of fraud losses, offering your organization robust defenses against potential threats.

Discover the critical value of hotlines in detecting and preventing fraud, with organizations equipped with hotlines experiencing quicker fraud detection and decreased median losses. Gain insights into whistleblower reporting mechanisms and explore the best practices for establishing an effective whistleblower hotline.

Major Topics:

  • Fraud Detection Methods, and Anti-Fraud Controls
  • Hotline Value and Whistleblower Reporting
  • Professional Skepticism and Auditor's Responsibility
  • Management's Role in Fraud Prevention
  • Working Conditions Affecting Fraud Risk
  • Case Studies in Nonprofit Environments

Our CPE Auditing course doesn't just cover theoretical concepts; it provides practical tools for auditors, emphasizing the importance of professional skepticism and effective engagement in team discussions. Learn how to recognize red flags, implement fraud prevention checklists, and integrate Computer-Assisted Audit Techniques (CAATs) for enhanced risk assessment.

Looking to fulfill your Certified Fraud Examiner (CFE) CPE requirements? MY-CPE offers online CFE CPE Courses designed to help you earn valuable CPE credits while enhancing your skills and expertise in fraud examination and prevention. Our courses cover a wide range of topics relevant to the field of forensic accounting and fraud detection, ensuring you stay up-to-date with the latest trends and best practices. With flexible scheduling and expert-led content, MY-CPE provides a convenient and effective learning experience tailored to your needs. Join us today and take the next step in advancing your career as a Certified Fraud Examiner. 

  • 4 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
  • 4 General Credit of Auditing for Accountant/Bookkeeper/Tax Professionals
  • 4 CPE Credit of Fraud risks for Certified Internal Auditors (CIA)
  • 4 CPE Credit of Fraud Auditing and Forensic Accounting for Certified Fraud Examiner (CFE)
  • 4 CPE Credit of Auditing for Certified Management Accountants (CMA)
  • 4 CPE Credit of Audit Risk for Certification in Risk Management Assurance (CRMA)
  • 4 CPD Credit of Fraud prevention, detection and response for Certified Financial Forensics (CFF)
  • 4 CPE Credit of Auditing for Certified Government Financial Manager (CGFM)
  • 4 CPE Credit of Auditing for Internal Audit Practitioner (IAP)
  • 4 CPE Credit of Auditing for Master Analyst In Financial Forensics (MAFF)
  • 4 CPE Credit of Fraud Auditing and Forensic Accounting for Certified Internal Controls Auditor (CICA)
  • 4 CPE Credit of Auditing for Iowa Licensed Public Accountant (IA-LPA)
  • 4 CPE Credit of Auditing for Qualification in Internal Audit Leadership (QIAL)
  • 4 CPE Credit of Fraud Auditing and Forensic Accounting for Certified Controls Specialist (CCS)
  • 4 CPE Credit of Auditing for Maine Licensed Public Accountant (ME-LPA)
  • 4 CPE Credit of Auditing for Delaware Licensed Public Accountant (DE-LPA)

  • 4 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
  • 4 General Credit of Auditing for Accountant/Bookkeeper/Tax Professionals
  • 4 CPE Credit of Fraud risks for Certified Internal Auditors (CIA)
  • 4 CPE Credit of Fraud Risk Assessment for Certified Fraud Examiner (CFE)
  • 4 CPE Credit of Auditing for Certified Management Accountants (CMA)
  • 4 CPE Credit of Audit Risk for Certification in Risk Management Assurance (CRMA)
  • 4 CPD Credit of Fraud prevention, detection and response for Certified Financial Forensics (CFF)
  • 4 CPE Credit of Auditing for Certified Government Financial Manager (CGFM)
  • 4 CPE Credit of Auditing for Internal Audit Practitioner (IAP)
  • 4 CPE Credit of Auditing for Master Analyst In Financial Forensics (MAFF)
  • 4 CPE Credit of Auditing for Certified Internal Controls Auditor (CICA)
  • 4 CPE Credit of Auditing for Iowa Licensed Public Accountant (IA-LPA)
  • 4 CPE Credit of Auditing for Qualification in Internal Audit Leadership (QIAL)
  • 4 CPE Credit of Auditing for Certified Controls Specialist (CCS)
  • 4 CPE Credit of Auditing for Maine Licensed Public Accountant (ME-LPA)
  • 4 CPE Credit of Auditing for Delaware Licensed Public Accountant (DE-LPA)

Additional Information

Credits

4

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Stay Ahead of the Game with Jennifer Louis CPD/CPE Webinars
Jennifer Louis , CPA (US)

President, Emergent Solutions Group LLC

  • 4.5
  • rating
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Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

4.6

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Average

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WD

Wendy Darcy, CPA (US)

This is my second class with Jennifer and I thoroughly enjoy her presentations! She crams them full of very useful of information and also throws in real-life examples. She is very clear to understand and video quality is good. On this webinar, though, the audio cut out a few times, but I was still able to follow the discussion.

RB

Ronald Bostic, CPA (US)

Material well organized. Speaker was very knowledgeable with good communication skills.

Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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