Tag Archives: internal controls

The Benefits of Establishing and Communicating Written Policies and Procedures for Non-Profit Organizations

No matter the size, structure, or mission, a non-profit organization can benefit from developing written policies and procedures and making them accessible to employees. While we often use these terms interchangeably, there are distinct differences between the two. Policies create … read more >

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The Importance of Cash Reconciliations

School district cash reconciliations are one of the most important parts of operations. These reconciliations help ensure that districts operate with accounting information that is as accurate and reliable. They are also required per the Uniform System of Financial Records … read more >

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Information Technology Controls for Non-Profit Organizations

A common struggle with smaller organizations is building adequate internal controls, particularly over information technology. While a small entity may not have the same resources as a larger organization, it does have the same responsibility to protect crucial customer, employee, … read more >

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Are Your Cash Receipts Properly Receipted?

Recording cash received is a significant process to almost all entities. It can be especially complicated for school districts in order to meet all requirements in the USFR Compliance Questionnaire. This article will discuss five important processes to consider in … read more >

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Whistleblower Policies: Detect Fraud and Promote Integrity

External audits rarely detect fraud in organizations. The fact is tips are the most common method of initial fraud detection. As a result, whistleblowing has emerged as a critical mechanism to combat fraud, corruption, and unethical behavior within organizations. By … read more >

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Hot Topics for Community Grant Schools

As another year of audits draws to a close, grant schools may find themselves thinking about just the information asked for by their auditors, and wondering where some of these requests came from or how information is used to complete … read more >

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Preventing Fraud in the Era of Remote Work

Remote work has become more prevalent within organizations within the last few years. Remote work has many benefits such as increased productivity and a decrease in turnover. However, there are additional risks regarding fraud associated with remote work. The main … read more >

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