Section: Module 8: Effective Financial Management- Internal Controls and Fraud Prevention | Introduction to Book Keeping and Financial Management For CBOs | Somo

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Module 8: Effective Financial Management- Internal Controls and Fraud Prevention

Somo

Section outline

Internal controls refer to management practices that protect your non-profit’s integrity. These financial measures prevent asset misappropriation and misuse, such as embezzlement or theft as well as techniques used to safeguard assets, ensure accuracy in financial reporting, and prevent fraud.
In this module, we shall discuss the significance of internal controls in organisations, and identify the two categories of internal controls, which are detective and preventive. We shall also explore common internal control procedures, and fraud prevention strategies, and develop an awareness of the consequences of internal control failures.
- Select activity Module 8: Internal Controls and Fraud Prevention Handout Notes
  
  Module 8: Internal Controls and Fraud Prevention Handout Notes File
  
  Not available unless: You must be enrolled into this course!
- Select activity Internal Controls and Fraud Prevention Quiz
  
  Internal Controls and Fraud Prevention Quiz
  
  Opened: Monday, 7 July 2025, 10:45 PM
  
  Not available unless: You must be enrolled into this course!

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