Fraud and Abuse in Nonprofit Organizations, by Gerard M. Zack, a guide to protecting nonprofits from both internal and external fraud, is a “must read” for third sector decision-makers.

Written by an expert in fraud prevention, it focusses on the creation of a comprehensive fraud awareness and deterrence system that goes well beyond traditional internal financial controls. According to Zack, the key to prevention and detection is the implementation of a multifaceted organization-wide model of deterrence; a model reliant on involvement at every level and in every function.

Providing a comprehensive examination of the many financial abuses and growing risks the arena is subject to, the guide is an invaluable source of ammunition for nonprofit management, whether staff or volunteer.

Combining his expertise and experience with hands-on examples of frauds, how they were carried out and how they could have been prevented, Zack answers questions such as, “What makes a nonprofit organization uniquely vulnerable to fraud? What are the most prevalent - and preventable - types of schemes? Which financial controls are most effective for combatting each type of scheme? Which administrative systems and policies can best catch and control fraud? What are the roles and duties of management and the board of directors?”

Nonprofit executives and board members are well advised to read this essential volume, to take a fresh look at their organizations’ practices and to become more proactive in the prevention of fraud and abuse. By understanding the risks, much can be done to eliminate them.

Ensure your hard won public reputation and financial support are protected by reading and reacting to Fraud and Abuse in Nonprofit Organizations. Easy to understand, this eye-opener is destined to be dog-eared on charitable shelves everywhere. The guide includes essential checklists that cover each area of potential fraud and abuse, sample policies, useful resources and more.