INTERNAL CONTROLS AND FRAUD PREVENTION IN NON-PROFIT ORGANIZATION WRITTEN BY DAVID SANNI Designed to provide information on key areas that can strengthen the internal control system of VI-MID-ISLAND SERVICE (VIMS) Submitted To VANESSA OLTMAN Faculty of Management Vancouver Island University Nanaimo, BC, Canada (Nov/15/2012) Table of Content 1.0 INTRODUCTION 3 2.0 NATURE
In the effort of prevention litter, nowadays exist a huge amount of non-profit organization. One of the program named, “Friends of Jupiter Beach” was establish in 1994 by one woman, Anita Lankler. For almost twenty-two years, FJB organization cleaning the beaches every first Saturday of the month. Therefore, their number one mission is to bring attention to beach visitors, so they would help to keep the beach clean and save it for future generation. Another non-profit organization called, KFB (Keep
housing, fraud for profit and fraud for criminal enterprise. Fraud for profit schemes are conducted by a group of people who play multiple roles in the fraud. The masterminds or initiators receive the largest percentage of the profit while others in the scheme may receive a few thousand dollars for their part in the misrepresentation. Mortgage brokers and loan processors create fictitious credit profiles and conspire with real estate appraisers to inflate property values. For-profit schemes often
Capital and Start-up Requirements Continue Mission is a 501(c)3 non-profit organization. Founded by Joshua Hansen, U.S. Army, Retired and Laura Cantin, and Joshua’s wife Melissa Hansen, Continue Mission, was started as a way for Joshua Hansen, to continue his healing from a traumatic brain injury. The Continue Mission staff has invested their own time and money over the past year to start Continue Mission. Joshua and Laura both work 40 to 60 hours a week and Melissa works 20 hours a week, in
HEALTH CARE MANAGEMENT 2 Health Care Management Non Profit Introduction Health coverage has been a difficult issue since there is no real health care system that covers all citizens providing them with a comprehensive health care that includes prevention, promotion and preservation of solid state of health and wellness. Treatment of illness and injuries and disabilities, is more expensive in aspects such as emotional, economical and financial affecting not just the individual involved but also
misapplication of the employing organization’s resources or assets. Traditional fraud triangle theory by Donald Cressey explains that propensity of fraud occurring in an organization lies on three critical elements which are Pressure, Opportunity, and Rationalization. These elements are interrelated in order for fraud to be committed in an organization and every corporate executives needs to understand this theory to enable them know how and why employees perpetrate fraud. Diagram below describe the element
mental health disabilities, related to their service, that necessitate permanent housing with supportive services. Montachusett Veterans Outreach Center, Inc. (MVOC), is a non-profit organized under tax code 501(c)(3), located in north central Massachusetts. It is one of the oldest continually operating veterans' outreach organizations in the nation, in a state that has done much to support its veterans. Founded as the Vietnam Veterans Outreach Center in 1983, the center has expanded its services over
within the last decade have driven the industry to make enormous changes in the organization. Various factors contributed to these changes such as: social demographics, the consumer’s demands for high quality, high cost for medical care, and technological revolutions. The health care industries must respond to these demands to be successful in consumer driven marketplace. The purpose of this paper is to describe the organization I work for, its mission, various stakeholders, driving forces for organizational
importantly, the public limited company need to provide account financial statement to the all of hold these company shares individuals, to prove the company development trend is better, this way can help the investor to make the best decision of the organization. Partnership: partnership is between individuals or between company to achieve the largest level cooperation relations. It can be share the resources and interests of the long term
social entrepreneurs primarily seek to generate "social value" rather than profits. And unlike the majority of non-profit organizations, their work is targeted not only towards immediate, small-scale effects, but sweeping,