nonProfitFraud has been on the rise over the past decade, and America’s charitable communities are not immune to these acts.

The nature of the mission of nonprofit organizations embodies a high level of trust which often makes the nonprofit sector more susceptible to fraud and abuse.

ARA Fraud & Forensic Services work with nonprofit organizations to proactively identify fraud opportunities by (1) identifying and measuring fraud risks, (2) taking steps to mitigate identified risks, (3) implementing and monitoring appropriate preventative and internal controls, and (4) investigating and mitigating the fraud if present.

We offer the following services to nonprofits:

  • Fraud Risk Assessment Audits
  • Employee Fraud Investigations
  • Develop and implement anti-fraud policies and procedures
  • Outsourced loss prevention department
  • Anti-fraud training
  • Hotline service

It is estimated that nonprofit organizations lose approximately $85 billion to fraud annually. The board of directors have a fiduciary responsibility to the organization, are responsible for policy making, planning, fiscal management, and act as a public liaison. In addition, the board has fraud-related oversight responsibilities. Let our experts at ARA be your partners to ensure the mission of the organization is not disrupted.

For more information, please contact us at 636-346-9273 or email info@arastl.com