Graduate School of Business


Doctor of Business Administration (DBA)


Stanley W. Self


Not-for-profit, Asset Misappropriation, Fraud, Segregation of Duties, Fraud-prevention Training, Prevention


Accounting | Business


Fraud is a growing problem in the not-for-profit (NFP) sector; this problem increases because of the lack of fraud-prevention preparation had by NFP financial professionals. Furthermore, asset misappropriation is the most commonly perpetrated occupational fraud in NFPs. Although approximately 90% of all reported frauds are asset misappropriation, a gap in existing research results in limited data regarding asset misappropriation in NFPs. This study contains an extensive examination of peer-reviewed research regarding fraud topics, with an emphasis on asset misappropriation. The conceptual framework incorporated the Fraud Management Lifecycle Theory, the Fraud Triangle Theory, the Theory of White-Collar Crime, and the Routine Activity Theory. The project followed a qualitative exploratory case study design, interviewing fifteen participants to achieve data saturation. Recruitment included purposive sampling and snowball sampling. After interviews, data was analyzed using open coding, axial coding, and cross-case examination. The data revealed nine major themes, four that answered the main research questions and five that identified discoveries beyond the scope of the study. Each theme proved the need for additional research regarding fraud in the NFP sector, and demonstrating the need for this study.

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