Fraud in the Not-for-Profit Organizations: Profiteering at the Expense of Others

Document Type

Conference Proceeding

Department or Administrative Unit

Accounting

Publication Date

2-2008

Abstract

While people are familiar with the exploits of Enron and other corporate scandals, many people have simply overlooked the frauds that have occurred with the not-for-profit organizations. The operation of those organizations relies heavily on the trust and faith of the public. However, fraud cases of such organizations can undermine public confidence severely, which causes the not-for-profit sector as a whole to suffer. The purpose of this study is to offer some case studies of frauds taking place in governmental and charity organizations. As people become aware of these frauds. it is hoped that all sectors of society will demand better accountability.

Journal

American Society of Business and Behavioral Sciences Conference

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