Today’s changing world brings increased risks to churches and nonprofits in the areas of finance, tax, legal, and operations. Responding well to change begins with a fuller understanding of these risks. CapinCrouse LLP and ECCU have teamed up to offer a series of financial seminars to help churches and nonprofits better steward the resources and people entrusted to their care.
These daylong seminars will be offered in three locations in October: [read more]
Hackers never seem to tire of devising ingenious ways to inflict mayhem. An alarming new threat has emerged known as “Spear Phishing.” This phishing technique uses a personalized email message that’s designed to pique your interest. It might be a conference invite, an invoice, or a missions support plea.
Spear phishing messages, which appear genuine and often convey a sense of urgency, are ruses to get you to provide sensitive information (such as your login and password) or entice you to click on a link that contains an infectious virus. Often, these email “spears” pass through SPAM filters because they appear to be legitimate. [read more]
If you’re like me, last week’s bank card breach involving Global Payments prompted a question: “Was my card affected?” While the odds of the answer being “yes” are small—just a fraction of the billion or so cards in use in North America were affected by the breach—the thought of nearly 1.5 million cards being compromised is still alarming.
We received an alert from the Credit Union National Association (CUNA) this week that says, in the wake of this card breach, you’re wise to be vigilant about card security. [read more]
I was in a meeting the other day when one of my coworkers received a text message on her cell phone from the bank where her daughter, a college sophomore, has an account. She looked at her phone and commented, “It looks like there’s some strange activity on my daughter’s account.” [read more]
“As hard as it may be to believe, embezzlement is a relatively common occurrence in churches.” — Richard Hammar, attorney and CPA
I recently did some research on fraud while preparing a presentation for ministry leaders about protecting their ministry assets. I expected to find some news articles but was surprised to find so many reports of fraud recently discovered in churches and nonprofits.
Like me, many in the ministry world probably think that embezzlement rarely happens. Unfortunately, we are wrong. [read more]