04/21/2017

Four Internal Control Policies That Will Reduce Your Association's Risk

Mitigate risk with simple control policies

Unfortunately, fraud can happen at any association, but implementing these four controls will help mitigate that risk.

I listened to a great webinar on Maximizing Internal Controls in Your Nonprofit: A Guide for Even the Most Pure. Host Ruth McCambridge of Nonprofit Quarterly introduced the webinar by saying this: “My experience has been that sometimes organizations—if they overlook internal controls—sometimes it’s because they don’t know what they need to know, but sometimes it’s because they just trust each other.”

McCambridge went on to say that trust is a great thing, “but it’s not a control.”

Please click here to read the complete article from Associations Now.