Overview

Procurement fraud can occur at every stage of the contracting process. Organizations need to be aware of the vulnerabilities and risks associated with bribery and corruption. Regardless of the size of the organization, purchasing activities will inevitably attract a fraudster’s attention when it reaches a significant level. Coupled with the possible lack of internal control, confidential information may be leaked and fraudsters may make use of the opportunity to their benefit. Attending this course will give delegates the critical knowledge and skills to discover procurement fraud opportunities commonly used to breach and exploit corporate accounts. Understanding how such fraud is committed is crucial to take on countermeasures to strengthen the organization’s internal control. This course enables you to identify vulnerabilities in your organization’s procurement procedures, operations protocols and contract and tender drafting and also provides solutions to those loopholes to mitigate the risks of fraud. Furthermore, the section on procurement fraud detection will provide delegates with essential investigation skills and efficient response plans.

Who Should Attend:

• Head of Procurement
• Internal Auditors
• Chief Procurement Officers
• Procurement Managers
• Assistant Procurement Managers
• Contract and Tender Managers
• Risk Management Managers
• Legal/Compliance Executive
• Finance Managers
• Project Managers
• Buyers
• Fraud Investigators and Managers
• Including key personnel involved in the procurement process of their organization, from all industries.

Endorsed By: