Municipal Fraud Prevention
Part 3 of 3
– Have checks and balances, and routinely ask yourself if loopholes exist
– Cheap comes out expensive, hire external auditors, forensic accountants, and certified fraud examiners
– Turnover in your finance department isn’t always a bad thing- in some cases, an extensive level of familiarity breeds corruption
– “Crime don’t pay”
Ok, ok, so the last one was pretty facetious but some individuals not only lack fiscal ethics, but are actually in need of professional help- but I’m no shrink.
Under a new chief financial officer and staff, the City of West Linn has now won three annual GFOA (Government Finance Officers Association) awards and citizen relations are slowly on the incline.