Part 3 of our series on Segregation of Duties. In our recent Fraud Survey, we asked churches to respond to these statements: “The individual who prepares the checks also mails the checks.” “The person responsible for general ledger and financial reporting also mails the checks.” Survey results – A little over 50% of the respondents answered […]
Part 2 of our series on Segregation of Duties. In our recent Fraud Survey, we asked churches to respond to this statement: “From the time of collection to the time of the bank deposit, funds are never, even for just a few minutes, in the custody of a single individual or kept in an unsecured location.” Survey results […]
Part 6 of our ongoing Fraud Awareness in the Church series will examine Credit Checks. PSK in cooperation with the National Association of Church Business Administration (NACBA) conducted a survey to determine the extent of fraud awareness in the church environment. We asked churches to respond to this statement: Our church conducts credit checks on financial employees and volunteers. While almost all churches […]
Part 5 of our ongoing Fraud Awareness in the Church series will address Policies and Procedures Manuals. PSK in cooperation with the National Association of Church Business Administration (NACBA) conducted a survey to determine the extent of fraud awareness in the church environment. We asked churches to respond to this statement: Our church has compiled written financial, accounting, management and personnel policies in […]
Part 4 of our ongoing Fraud Awareness in the Church series will address Volunteer Training. PSK in cooperation with the National Association of Church Business Administration (NACBA) conducted a survey to determine the extent of fraud awareness in the church environment. We asked churches to respond to this statement: Our church conducts formal volunteer orientation or training. Over 60% of the respondents […]
Last week I conducted two break-out sessions at the NACBA National Conference in Houston. During these sessions I reported the final results of the PSK/NACBA fraud survey conducted earlier this year. In the coming posts I will be sharing some of the information we gleaned from our survey. Goal of the Fraud Survey Before launching […]
Part 11 of our ongoing Fraud in the Church series. PSK in cooperation with the National Association of Church Business Administration (NACBA) conducted a survey to determine the extent to which churches are attempting to address the problem of church fraud. We asked them to respond to this statement: Our church issues credit cards (in the church’s name) to employees and/or […]
Part 9 of our ongoing Fraud in the Church series. PSK in cooperation with the National Association of Church Business Administration (NACBA) conducted a survey to determine the extent to which churches are attempting to address the problem of church fraud. We asked them to respond to this statement: Our church has established an “approved vendor list”. All payments for goods […]
Part 8 of our ongoing Fraud in the Church series. PSK in cooperation with the National Association of Church Business Administration (NACBA) conducted a survey to determine the extent to which churches are attempting to address the problem of church fraud. We asked them to respond to this statement: Our church reconciles payroll quarterly reports with the payroll journals and general […]
Part 2 of our ongoing Fraud in the Church series. PSK in cooperation with the National Association of Church Business Administration (NACBA) conducted a survey to determine the extent to which churches are attempting to address the problem of church fraud. We asked them to respond to this statement: Our church has established a formal program for managing fraud […]