Articles

Even nonprofits can benefit from AI technology

You might think that artificial intelligence (AI) is just about using computers to perform complex tasks that otherwise would require human intelligence. That’s part of it. But several technologies fall under the AI umbrella, including machine learning, natural language processing (NLP), and robotic process automation. Here’s how tools such as these can help nonprofits cut […]

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3 ways fraud experts use data analytics

Forensic accountants have long used technological tools to uncover fraud schemes. But recent advances in “big data” have provided even better, more efficient techniques for identifying suspicious activities and dishonest employees. These are three common types of data analytics used by fraud experts: 1. Association analysis This method can help identify suspicious relationships by quantifying […]

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Your nonprofit may have an internal controls gap

The typical defrauded not-for-profit loses $75,000 per fraud incident, according to the Association of Certified Fraud Examiners. And that doesn’t account for the negative publicity and subsequent lost donations and support that often follow fraud. Although no preventive measure is 100% effective, strong internal controls can greatly reduce the risk that a crooked staffer or […]

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HW&Co.’s 2021 Executive’s Guide to Nonprofit Success

HW&Co. presents the 2021 Executive’s Guide to Nonprofit Success. This annual symposium offers nonprofit leadership and board members a great opportunity to hear from HW Nonprofit advisors, as well as experts in the nonprofit industry. To ensure that the nonprofit community receives this vital COVID-related information, we have decided to waive all registration fees. However, […]

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