INTRODUCTION
Procurement fraud can be one of the more complex frauds to investigate; there are numerous ways it can be committed and, when investigating it, all options need to be considered. A simple definition of procurement fraud would be ‘fraud within the procurement lifecycle of a product or service, not forgetting long-term maintenance contracts’.
DURATION
5 Days
WHO SHOULD ATTEND?
- Those involved in purchasing, albeit as supplier, buyer, materials planner, finance or even end-customer
- Supervisors, Professionals and staff in the organization who are responsible for overseeing the purchasing function
Course Level:
LEARNING OBJECTIVES
At the end of the course participants will be able to:
- Learn how unjustified single source award encourages fraud
- Develop strategic purchasing plans to avoid collusion between suppliers
- Discuss how purchase orders and variations orders are instrumental in Procurement fraud
- Determine how to eliminate low value-added processes
- Be taught how to develop spend profiles
- Explore many ways of reporting Key Performance Indicators (KPI)
TOPICS TO BE COVERED
- 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;
- Fraud Investigation;
- Developing a fraud investigation plan;
- Handling of evidence.
- Strategic Cost Reduction Initiatives
- Improving the Image of Procurement
Related Courses
Course Administration Details:
METHODOLOGY
The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
ACCREDITATION
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
TRAINING VENUE
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
ACCOMMODATION AND AIRPORT PICKUP
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
TAILOR-MADE
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
PAYMENT
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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