GRF News

Nonprofit Audit Director Publishes “Minimizing Fraud Opportunities” Article on GWSCPA’s Nonprofit Accounting Basics Website

May 7, 2012

Terri McKnight, nonprofit audit director at Gelman, Rosenberg & Freedman, published “Minimizing Fraud Opportunities at Your Nonprofit Organization” on the Nonprofit Accounting Basics website. The site is hosted by the Greater Washington Society of CPA’s Education Foundation. The article discusses internal control challenges that nonprofits continue to face in a difficult economic environment that can also heighten organizational vulnerability to fraud.

Gelman, Rosenberg & Freedman employs four fraud examiners certified by the Association of Certified Fraud Examiners whose services supply an additional level of assurance during a nonprofit audit. Ms. McKnight also co-presented on managing fraud at the American Society of Association Executives’ 2011 Finance, Human Resources and Business Operations Conference.

Based on the experience so far, I must say that the level of service that Troy and your firm had provided me with should be held as a best practice reference.

Michal Hubert Mrozek |  Managing Director
Citibank, N.A.