INVESTIGATION PROCUREMENT FRAUD AUDIT
Procurement fraud is a complex problem. It covers a wide range of illegal activities from bid-rigging during the pre-contract award phase through to false invoicing in the post-contract award phase. It can be perpetrated by those inside and outside an organization. Procurement fraud is difficult to detect; cases are rarely reported and subsequently, it is difficult to measure the extent of the problem. Where fraud is detected, the resource is generally channeled into investigation and prosecution which is expensive and rarely ends in a conviction or the recovery of losses. The existing approach to tackling the problem must change, with greater focus placed on preventing this type of fraud. It is through this training that various techniques will be identified for combating procurement audit.
- Build a comprehensive understanding of procurement fraud
- Identity the techniques for combating procurement audit
- Design and carry out a procurement fraud investigation
- Design and carry out a procurement fraud audit
TOPICAL SESSIONS TO BE DISCUSSED FOR DAY ONE:
- Introduction to procurement and procurement fraud;
- Procurement Fraud and legal elements;
- Red flags of procurement fraud;
TOPICAL SESSIONS TO BE DISCUSSED FOR DAY TWO:
- Types of procurement fraud schemes;
- Dealing with collusion in the procurement process;
- Detection, deterrence and prevention of procurement fraud;
- Fraud audit process.
TOPICAL SESSIONS TO BE DISCUSSED FOR DAY THREE:
- Fraud Investigation;
- Developing a fraud investigation plan;
- Handling of evidence
The Training is designed for local government officers, accountants, internal auditors, external auditors, fraud examiners, Public and private sector managers, and finance officers.
- Tour Package No