Fraud and Forensic Accounting Services
Safeguard your organization’s resources and mission.
Fraud can occur at any nonprofit organization, regardless of size, mission, or complexity, and the impact can be significant. Beyond financial losses, fraud incidents can damage donor confidence and public trust.
CapinCrouse provides nonprofit fraud and forensic accounting services designed to help nonprofit leaders identify and mitigate risk, respond effectively when concerns arise, and strengthen internal accountability.
Why Fraud Risk Matters for Nonprofits
No nonprofit is immune to fraud. In Occupational Fraud 2024: A Report to the Nations, the Association of Certified Fraud Examiners (ACFE) found a median loss from fraud of $85,000 at religious, charitable, and social service organizations, with many cases going undetected for extended periods.
Nonprofit organizations frequently ask:
- What fraud risks exist in our organization?
- How strong are our internal controls?
- What should we do if fraud is suspected?
- How do we reduce risk without undermining trust?
CapinCrouse can help you address these questions.
Nonprofit Fraud and Forensic Accounting Expertise You Can Trust
CapinCrouse has exclusively served mission-focused nonprofit organizations for over 50 years. Our fraud and forensic accounting team understands the unique fraud risks and operational challenges nonprofits face.
Our specialists include experienced Certified Fraud Examiners and accountants with deep nonprofit expertise who are trained to:
- Identify nonprofit-specific fraud risks
- Conduct objective forensic investigations
- Communication clearly with boards, leadership, and legal counsel, if needed
- Support organizations through complex and high-stakes situations
Our Nonprofit Fraud and Forensic Accounting Services
We offer a range of customizable fraud and forensic accounting services specifically designed for nonprofit organizations.
The CapinCrouse Fraud Checkup™
Assess your exposure and reduce your risk before fraud strikes.
The CapinCrouse Fraud Checkup™ provides a comprehensive, customizable analysis of your fraud risk, with practical recommendations and best practices to strengthen prevention and detection.
The Fraud Checkup helps nonprofits:
- Understand their internal and external fraud risks
- Evaluate current controls and processes
- Test for areas of significant fraud risk
Nonprofit Fraud Awareness Training
Improve early detection and prevention through education.
Nonprofit organizations that provide fraud awareness training uncover fraud more than 2.5 times faster than organizations without training, according to the ACFE report.
Our specialists deliver comprehensive, nonprofit-specific fraud awareness training for boards, leaders, and employees. Topics include:
- Common external fraud threats at nonprofits
- Occupational (internal) fraud risks
- Fraud red flags and warning signs
- Prevention and detection strategies
- What to do if fraud is suspected
Education is one of the most effective and cost-efficient tools for fraud prevention.
Forensic Accounting Services for Nonprofits
Receive objective, experienced support when fraud concerns arise.
Responding to allegations or suspicions of fraud and managing the outcomes can be complex. Our forensic accountants provide skilled, thorough guidance to help nonprofit leaders navigate these situations.
CapinCrouse’s forensic accounting services include:
- Individualized examination, investigation, and analysis of potential fraud, including:
- Asset misappropriation
- Corruption
- Financial statement fraud
- A detailed report summarizing the results of our analysis
- Litigation support and courtroom testimony, when needed
Each engagement is tailored to your organization’s unique needs and risks.
When Should Nonprofits Consider Fraud or Forensic Accounting Services?
Nonprofits often seek support when they:
- Want to proactively assess fraud risk
- Need to strengthen internal controls and processes
- Suspect fraud or financial irregularities
- Receive whistleblower allegations
- Are preparing for investigations or legal proceedings
Taking proactive steps to prevent fraud is essential to limit loss, protect your organization and leaders, and preserve trust.
Talk with a Nonprofit Fraud Specialist
Effective fraud prevention, detection, and response require specialized expertise and a deep understanding of nonprofit operations.
Contact CapinCrouse today to learn more or schedule a free consultation. See how we can help you strengthen your fraud prevention and protect your mission.
Nonprofit Fraud Prevention Resources and Best Practices
CapinCrouse offers a variety of free resources to help churches, higher education institutions, and other nonprofits stay informed on current best practices and reduce their fraud risk:
Fraud Risk and Prevention Questionnaire
What’s Your Organization’s Fraud Risk?
Don’t Become a Statistic: Four Tips for Preventing Fraud at Your Organization
Navigating Current Nonprofit Fraud Risks (recorded webinar)
Four Steps to Reduce Year-end Fraud Risks
What is Forensic Accounting – and When Might Your Nonprofit Need It?
Three External Fraud Threats Churches Should Address
Reducing the Temptations of Fraud in Your Church
Best Practices for Preventing Fraud at Your Church