Theft/Fraud Archives - Page 4 of 4

Theft/Fraud Archives - Page 4 of 4 - Church Executive

What happens after you submit a church insurance claim?

Posted by admin

church claim, church fire, Church insurance, Church liability, Church risk, Church risk management, church theft

November 15, 2015 at 1:16 pm.

Accidents happen. Catastrophes are unpredictable. There are many situations a church might encounter that will require submitting an insurance claim.

To a church, the claims process can be overwhelming, as you might have little understanding of what happens behind
the scenes.

To offer insight and make the process easier for you and your insurance company, learn about who you’ll be working with, how you can be prepared after submitting a claim, and the settlement timeline.

4 practical ways churches can reduce their cyber risk

Posted by admin

church cyber risk, church data breach, church data protection, church data security, Church risk management, cyber security, cyber security churches, protecting church data

August 1, 2015 at 3:31 pm.

In recent years, discussions about data breaches with my church and nonprofit clients have moved from “what-if’s” to, “This just happened to one of my clients.” Cyber Liability insurance is no longer a coverage that is nice to have; it’s saving organizations money, time and reputations.

Internal controls keep fraud at bay

Posted by admin

church accounting, church embezzlement, Church Finance, church fraud, church fraud prevention, church internal controls, church risk control, church theft, internal controls, internal financial controls

August 1, 2015 at 2:17 pm.

“What happens in accounting, stays in accounting.” If your finance team’s motto goes something like this, you might have an internal controls problem. Internal controls are put in place to clearly define proper procedures for finance and accounting team members, to minimize risk, and to alleviate suspicion. Even churches must mitigate risk and ensure that policies and procedures are in place and functioning as intended.

Protecting your church and religious organization against fraud

Posted by admin

Church Finance, church financial risk, church fraud, church fraud prevention, Church risk management, financial risk management, financial stewardship

May 4, 2015 at 1:14 pm.

Now more than ever, all organizations are exposed to risk, including cyber security breaches and internal fraud. Religious institutions — which strive on building a trusting relationship with their members and employees on the foundation of religious beliefs, coupled with tight budgets and limited financial oversight — are even more vulnerable to fraud and abuse.

Dollar’s dollars: restricted gifts and abandoned projects

Posted by admin

church collection, Church donations, Church Finance, Church fundraising, church giving, Church legal, church legal finance

April 3, 2015 at 11:39 am.

Televangelist Creflo Dollar recently came under fire for asking that 200,000 of his followers donate $300 each to buy a $60-million luxury jet for his use. In the wake of bad publicity associated with the request, it appears that he may have cancelled the campaign before reaching his goal. The problem is: What happens to money already collected?

Fraud prevention: are you doing all you can?

Posted by admin

Church Finance, church fraud, Church risk, fraud prevention

March 30, 2015 at 12:34 pm.

Banks are in the business of risk management — so, who better to help your ministry manage fraud and the onslaught of cybercrime making news almost every day?

Cybercrime: not just a “big business” concern

Posted by admin

Cyber-liability, cybercrime, cybercrimes, fraud, Risk Management, Security, theft

April 1, 2014 at 9:00 am.

Cyber criminals are turning their attention to easy targets — including religious organizations.

E-giving means fewer envelopes to open and less chance of fraud

Posted by Contributor

ACH, budget, church, e-giving, EFT, fraud, Giving, LEADERSHIP, management, tithing

October 1, 2009 at 11:34 am.

Bad weather, vacations and illnesses can cause parishioners to miss church services during the year. While some people will make up their missed donations, many won’t. That’s where electronic giving, or e-giving, can help.