Our News & Views

Nonprofit organizations exist to serve missions that matter—supporting vulnerable populations, advancing education, protecting the environment, and strengthening communities. Yet when fraud occurs inside a nonprofit, the consequences extend far beyond the immediate financial loss. In many cases, fraud threatens the organization’s very ability to continue fulfilling its mission. Nonprofits are often more vulnerable to fraud than for-profit entities. Limited staffing, high leve

By Kenneth Hines As I start preparing to teach accounting courses in Winter and Spring Quarters 2026 at the   University of Washington Bothell School of Business ,  many of my students will be graduating with a bachelor’s or master’s degree in June 2026 and getting ready to start their careers. They will be entering the profession at one of the most transformative moments in modern history. A recent CNBC piece – “AI puts the squeeze on new grads and the colleges that promised

Kenneth Hines argues that the traditional “three-stage” model of money laundering (placement → layering → integration) is too simplistic in today’s financial landscape. Where once illicit funds moved in a neat sequence, modern laundering is far more fluid — criminals can employ a variety of “building blocks,” in any order, to maximize complexity, opacity, and anonymity. https://www.acfcs.org/acfcs-contributor-report-kenneth-hines-modern-money-laundering