Policies 
    
    Jun 12, 2024  
Policies

2021 Anti-Fraud Policy


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It shall be the policy of the Bay de Noc Community College Board of Trustees to charge the President and senior leadership (members of the President’s Advisory Council) with the primary responsibility for identifying potential areas of risk, for being aware of the possibility that fraudulent acts could occur in those areas, and for implementing measures to eliminate or minimize fraud.  All employees are expected to refrain from acts of fraud or fraudulent behavior, and are encouraged to report suspected fraud. The Human Resource Director is responsible for a periodic notification to all College employees that they are encouraged to report suspected fraud in accordance with procedures outlined in this fraud policy.  The President shall also coordinate with the Board of Trustees Finance Committee insofar as these procedures are concerned.

PURPOSE:
This policy is designed to increase awareness by all employees of Bay de Noc Community College of their responsibility for reporting suspected fraud. The creation and implementation of, and adherence to, this fraud policy will help assure that the highest standards of professional ethics are maintained by all.

DEFINITIONS:
Fraud encompasses an array of irregularities and illegal acts characterized by intentional deception. These include, but are not limited to, theft, embezzlement, bribery, misappropriations, falsifying records, forgery or alteration of documents or electronic records, kickbacks, destruction or removal of property, and conflicts of interest. Reference is hereby made to Bay College’s policy and guidelines regarding Conflict of Interest and any other policy, which may be applicable to the issues of this Fraud Policy.

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