Procurement fraud manifests itself in various forms. In most organisations, significant resources are misappropriated through procurement fraud. The ability to design and execute a procurement fraud audit and investigation requires specialist knowledge and skills. Participants will develop the skills to carry out a fraud audit and investigation which will serve as a dynamic preventive control to deter procurement fraud in their organisations.
WHO SHOULD ATTEND?
Public and private sector managers, NGO managers, finance officers, accountants, internal auditors, external auditors, fraud examiners and those responsible for ensuring economic, efficient and effective procurement processes.
HOW PARTICIPANTS WILL BENEFIT
At the end of the course, participants will be able to: -
Build a comprehensive understanding of procurement fraud
Design and carry out a procurement fraud audit
Design and carry out a procurement fraud investigation
Introduction to procurement and procurement fraud;
Procurement Fraud and legal elements;
Red flags of procurement fraud;
Types of procurement fraud schemes;
Dealing with collusion in the procurement process;
Detection, deterrence and prevention of procurement fraud;
Fraud audit process;
Developing a fraud investigation plan;
Handling of evidence.