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.