Procurement Fraud course


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

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

Enroll for this Course

We are proud to offer this course in a variety of training formats to suit your needs.

IRES

Enroll to In-Person (Face to Face)

We use the highest quality learning facilities to make sure your experience is as comfortable as possible.

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IRES

Enroll for a Virtual Zoom Class

Join a scheduled class with a live instructor and other delegates.

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IRES

Enroll for Online Self-paced Class

Keep track of your own progression throughout your course and ensure continuous improvement.

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Benefits of Taking a Course at IRES

LEARN

Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.

NETWORK

Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.

GROW

Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.

FAQs & Course Administration Details:

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 Phone: +254 715 077 817 or Email: [email protected].
The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
Upon successful completion of this training, participants will be issued with an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Payment should be transferred to IRES account through bank on or before start of the course. Send proof of payment to [email protected].
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer. Email: [email protected] Phone: +254 715 077 817.