Incidents of corruption and fraud in charities are among some of the most common compliance-breaches reported to the Australian Charities and Not-for-profits Commission.
Unlike the private and public sectors, charities are less likely to invest in measures to stop fraud happening in the first place.
“Charities have a particular type of vulnerability that comes from a culture of trust,”.
To tackle the problem, the sector needs to look at their internal structure and take a holistic view of the issue:
- What are your risks?
- Awareness is key
- Double, and then triple check
- More than one person on the job
- What if it’s not your fault?
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