AAFCPAs to Present Workshop on Anticipating Fraud for Charter Schools

Posted on May 28, 2021August 15, 2022

Leaders in AAFCPAs’ Education Practice, John Buckley, CPA, CGMA, and Nichole Reilly, CPA, will present an educational webinar: Is Fraud Preventable? Safeguard Your Charter Public School’s Fiscal Operations in collaboration with the Massachusetts Charter Public School Association (MCPSA) on June 3^rd, 2021. This session is open to board members, school leaders, and CFO/COOs.

Recent events of alleged fraud in charter public schools remind us we are all susceptible to risk. In this session, John and Nichole will help participants understand risk and the warning signs of fraud, review the most effective internal controls, and introduce the concept of an Enterprise Risk Management Program for your school. This session will include real life stories of fraud cases, including fraud that has occurred at charter public schools. We will look at internal controls that can be effective at small and large schools and discuss the usage of both preventative controls and detective controls. To conclude, we will discuss various types of Risk Management Programs schools can implement and look at an Enterprise Risk Management Program. As a Partner and head of AAFCPAs Risk Committee, John will discuss how he has implemented an enterprise risk management program at AAFCPAs.

When: Thursday, June 3, 2021 from 11:00am – 12:00pm.

Where: Register HERE

If you have any questions about fraud or fraud prevention, please contact your AAFCPAs Partner, or John Buckley, CPA, CGMA at 774.512.4039, jbuckley@nullaafcpa.com.

About the Authors

John Buckley, CPA, CGMA

John is the leader of AAFCPAs’ Educational Services practice, serving diverse academic and education services clients spanning independent schools, colleges/universities, special education schools, education services, charter schools and charter management organizations (CMOs). John chairs AAFCPAs’ Risk Committee and oversees the firm’s Enterprise Risk Management Program, ensuring proper practices are in place to surface, understand, and manage priority risks. Additionally, John performs various types of fraud audits for clients, including cash disbursement, credit card fraud, and falsifying employee reimbursement. He has been asked to serve as an expert witness for several attorneys involved in fraud cases.

Nichole Reilly, CPA, MBA

Nichole is responsible for planning and executing financial statement audits for sophisticated nonprofit organizations. She has extensive experience serving community health centers, charter schools, community development corporations and their affordable housing development projects with HUD and MHFA requirements. She has been serving AAFCPAs’ clients since 2010. Nichole delivers a full range of solutions solving the challenges that AAF’s clients face, including: audits in accordance with the Uniform Guidance/Single Audit and Government Auditing Standards, as well as the Massachusetts Uniform Financial Report (UFR). She has extensive experience providing assurance solutions, and leading high-energy teams to consistently deliver a positive, non-intrusive client experience.