Here is a sample fraud policy from the UK Charity Finance Directors’ Group. While Canadian non-profits and charities do not need to have a fraud avoidance policy this example may be of use to some and certainly being aware of the content is advisable. It is estimated that fraud costs Canadian non-profits at least 5% of revenue.
Related Posts
August 5, 2020
Corporations Canada extends AGMs for Canada Not-for-profit Corporations Act (“CNCA”) corporations till Dec 31, 2020
In what is very good news for many non-profits and registered charities in Canada, Corporations Canada has extended the deadline for AGMs for Canada…
July 31, 2020
Corporations Canada moving forward to extend deadlines for AGMs etc for CNCA corporations
As we have noted previously, the Federal government has brought in a new bill C-17 dealing with various issues especially extending CNCA deadlines…
July 31, 2020
Transparency in the Canadian Charitable Sector and the T3010 Registered Charity Information Return Online Course
Every year we do a 3-hour course on transparency and the T3010. This year there has been a lot of interest in transparency around charities. On…