Procurement Fraud Audit and Investigation

Start: Oct 14, 2024
End: Oct 25, 2024
Venue: Lusaka - Zambia
Format: Two weeks
Duration: 2 weeks
Statement of Need

In today’s business landscape, the occurrence of procurement fraud poses a significant risk to organizations worldwide. Fraudulent activities in procurement can result in financial losses, reputational damage, and compromised business operations. It is crucial for organizations to proactively address and mitigate the risks associated with procurement fraud through effective audit and investigation techniques.

There is a critical need for a comprehensive programme focused on procurement fraud audit and investigation. This programme aims to equip professionals with the knowledge and skills necessary to detect, investigate, and prevent procurement fraud within their organizations. By addressing this need, organizations can enhance their governance mechanisms, protect their financial resources, and maintain their integrity.

The programme will provide participants with in-depth understanding and practical expertise in conducting procurement fraud audits and investigations. Participants will learn to identify red flags, assess fraud
risks, and implement proactive measures to prevent fraud in procurement processes. Additionally, they will gain insights into conducting thorough investigations, including evidence collection, interviews, data analysis,
and reporting.

By completing this programme, participants will be equipped to effectively safeguard their organizations against procurement fraud. They will develop the competencies needed to detect fraudulent activities, initiate
timely investigations, and implement control measures to mitigate the risk of future fraud incidents.

Who Attends

Public and private sector managers, NGO managers, finance officers, accountants, internal auditors, external auditors, fraud examiners those responsible for ensuring economic, efficient and effective procurement processes.

How participants will benefit

At the end of the Programme, participants will be able to :-

  • Build a comprehensive understanding of procurement fraud
  • Develop comprehensive audit programmes and investigation plans for detecting and investigating procurement fraud.
  • Apply auditing techniques and methodologies to assess the effectiveness of procurement controls and identify potential fraud risks.
  • Evaluate the impact of procurement fraud on organizational performance, reputation, and stakeholder trust

US$ 1600 to cover tuition and training materials only.