ggopher posted on June 17, 2010 23:14
Occasionally we have written articles about nonprofit embezzlement and how to recognize and prevent it. Two recent articles focused on the Executive Director of an organization, and what the board members could have done to mitigate the embezzlement.
Not only should organizations have safeguards in place to protect against the misdeeds of the Executive Director or finance staff, but internal controls should also apply to board, as illustrated in the following recent case.
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