The ACFE reports that organizations without an anonymous hotline suffered 66% higher average fraud losses than those lacking this prevention mechanism.
Service: Internal Audit
The primary purpose of an internal audit is to help to identify and assess operational, financial and compliance risks that a company faces. Learn more.
A majority of perpetrators of church fraud are first-time offenders without a criminal history, and most are long-time employees of the church. This article gives tips on how to protect the church’s resources and improve financial oversight.