The non-profit’s guide: How to manage fraud risk in AP

21/11/2024 47 min
The non-profit’s guide: How to manage fraud risk in AP

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Episode Synopsis

In 2024, fraud accounts for nearly 40% of all reported crimes in the UK. For non-profits, the financial impact can be particularly severe, with a median loss of $76,000 (approx. £58,500). Join us for a crucial discussion on how to safeguard your organisation’s resources and reputation in today’s high-risk landscape.What You’ll Learn:What is fraud? Understand the scale and impact.Why does fraud happen? Explore the motives behind it.Real-life case studies: Gain insight from real non-profit scenarios.Prevention & Detection: Practical tips to protect your organisation.What to do if fraud is detected: Immediate actions to take.Relevant Law:  Your legal obligationsWhy Listen?Strengthen your fraud controls: Learn preventative and risk mitigation techniques.Gain unique insights: Understand fraudster tactics to build resilient defences.Learn from an expert: Benefit from Nandini’s extensive experience in non-profit finance.Our latest webinar with speaker Nandini Balakumar from the British Heart Foundation, takes a deep dive into managing and mitigating fraud as a non-profit organisation.​