Safeguarding the Future of Not-for-Profits: Fraud, Finance and Compliance in a Shifting Landscape
Nonprofit leaders today face a challenging environment — economic uncertainty, evolving regulations and heightened risks of fraud — all place unprecedented pressure on organizations striving to fulfill their missions. This timely webinar brings together legal and financial specialists to share strategies that will help you navigate risks, strengthen internal controls and build resilient organizations.
Watch PKF O’Connor Davies partners and special guest James Sheehan, Chief of the New York State Attorney General’s Charities Bureau, for an essential conversation designed to empower not-for-profits with the tools and insights needed to safeguard their mission and financial future.
Key Takeaways:
- Navigating New Pressures: Nonprofits face growing challenges from economic uncertainty, tighter oversight and evolving regulations, requiring stronger internal controls, risk management and long-term planning.
- Recognizing Financial Warning Signs: Warning indicators such as high-interest borrowing, weak credit card tracking, delayed reconciliations and limited board review signal potential governance and fraud risks.
- Learning from Real-World Failures: Case studies revealed how inadequate oversight and unchecked authority have led to fraud, embezzlement and misuse of charitable assets across major and local organizations.
- Responding to Misconduct Effectively: When irregularities appear, organizations should act quickly — report issues, recover losses and strengthen internal processes rather than relying solely on annual audits.
Adapting to Federal Policy Shifts: Recent legislation and executive orders heighten compliance expectations and reshape grant eligibility, prompting nonprofits to reassess mission alignment, funding sources and documentation practices.
Featured Speakers:
New York State Attorney General’s Charities Bureau
James Sheehan, Chief
PKF O’Connor Davies
Alexander Buchholz, CPA, MBA, CGMA, Partner, Not-for-Profit Services
Garrett Higgins, CPA, Partner-in-Charge, Exempt Organization Tax and Advisory Services
Eva Mruk, CPA, Partner, Exempt Organization Tax and Advisory Services
Host:
PKF O’Connor Davies
Mark Piszko, CPA, CGMA, Partner-in-Charge, Not-for-Profit Services