Five reasons you need effective internal controls.
Church leaders should be familiar with the "fraud triangle"—the factors that typically contribute to a fraudulent activity: incentive, rationalization, opportunity.
The first two—incentive and rationalization—really can't be controlled by church leaders. An incentive, such as debt or unexpected medical bills, and the corresponding rationalization ("I'll just take a loan and repay it," or "I deserve to get paid more so this money should be mine") are on the individual.
But what church leaders can control is the third corner of that fraud triangle—opportunity. By focusing our efforts here, we can do a lot to prevent fraud. Keep reading
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