CPE Self-Study

Fraud Overview and Prevention: Not-for-Profit Governance and Assurance

  • $59.00-$69.00
    Fraud Overview and Prevention: Not-for-Profit Governance and Assurance Availability : Online Access Product #: 165153
    AICPA Member: $59.00
    Non-Member: $69.00
  • Contact Sales
    Contact a representative for group pricing. 800.634.6780 (Option 1) | Contact Us Product #: GT-NFP-GRA3

This CPE course is included in the 40-hour Not-for-Profit Certificate Program. It can also be purchased individually or as a part of the Not-for-Profit Governance and Assurance track.

No one wants to believe that they or their not-for-profit (NFP) could be the victim of fraud, but unfortunately no one is immune. In this CPE course, you will work through real world examples to understand fraud schemes and errors that are found in not-for-profit organizations. You will learn how an NFP’s board and management can implement effective internal controls to address the risk of fraud and so that such issues are more likely to be prevented or detected in a timely manner.

Topics Discussed:

  • Unique characteristics of NFPs
  • Fraud basics
  • Fraud triangle
  • Profile of a fraudster
  • Financial reporting fraud risks in NFPs
  • Misappropriation of assets fraud risks in NFPs
  • Procurement and contracting frauds
  • Cash receipts fraud
  • Fraudulent disbursements
  • Personnel frauds
  • Property, plant and equipment frauds
  • Diversion of program benefits and assets

Learning Objectives:

When you complete this course, you will be able to:

  • Identify the unique characteristics of and situations that exist in NFPs that create or increase the potential for fraud;
  • Indicate how traditional fraud programs and controls may be adapted to respond to fraud risks that are unique to NFPs;
  • Recognize the areas where fraud typically occurs in NFPs; and
  • Recall how to effectively respond to common fraud risks in NFPs.

Who Will Benefit?

  • CPAs, financial professionals and NFP board members involved in assurance and fraud prevention and detection.

Prerequisite: None

Advanced Preparation: None


Not-for-Profit Section Members Receive Additional Savings! 

When you log into this website with your AICPA member user account, the section/credential discount will be automatically applied during checkout. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Find out more information on the NFP Section.

System Requirements

About the Authors

Karen Craig

About the Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.