Let’s hope fraud or embezzlement never happens in your homeschool group! Do you have safeguards to spot it and prevent it?
In the podcast Carol mentions her list of “Best Practices to Prevent Fraud.” Find it here.
This is the third part of a 5-part series on Top 10 Tips for Running a Homeschool Group, a workshop given to homeschool leaders in Wichita, Kansas. You will probably find many of the audience questions would be a question you might ask as well!
Each episode can be found at HomeschoolCPA.com/Podcast. In the 5 part podcast series Carol will cover:
Episode # 180 Board duties
Episode # 181 Bylaws
Episode # 182 Preventing fraud
Episode # 183 Paying Workers
Episode # 184 Insurance and Record keeping
You might find Carol’s podcast series for Tiny Homeschool groups helpful
- Does your homeschool group manage their money well?
- Do you have a budget and know where the money is spent?
- Do you know how to prevent fraud?
This 115 page book will help you to open a checking account, establish a budget, prevent mistakes and fraud, use software to keep the books, prepare a financial statement and hire workers. Sample forms and examples of financial statements in clear English are provided.