Preparation to Prevent, Detect, and Manage Fraud: A Study of Not-for-Profits in South Central Pennsylvania

Abstract

Fraud is an expanding problem in not-for-profit organizations; the lack of fraud-prevention preparation by NFP financial professionals contributes to the problem. A gap in existing research yields limited data regarding fraud prevention training and preparation of NFP professionals. This study examines existing research regarding fraud, and techniques used to train and prepare professionals to prevent, detect, and manage fraud. A qualitative exploratory case study design is used; fifteen participants achieved data saturation. The data revealed one major theme and four minor themes. Those themes indicate a need for additional fraud research in NFPs. Suggestions for further preparation for NFP professionals are offered.