Combating Risk & Fraud in Procurement

Combating Risk & Fraud in Procuremen

About Course 

Organizations are concerned that forgeries and fraud is becoming increasingly complicated and rampart in the workplaces. These has led to loss of resources, weakening of the peoples trust in each other. Therefore this course entails equipping the participants with knowledge and skills to enable them become more proactive and productive in investigating, detecting and preventing fraud in their organizations.

Target Group

The course is suitable for senior managers in all sectors of the economy with a mission to detect and combat fraud e.g. internal auditors, accountants, law enforcement agents, procurement officers, administrative officers, lawyers, fraud managers.

Learning Objectives

On completion, participants should be able to:

  • Analyse the nature of frauds and forgeries
  • Discuss current trends in fraud, forgery, and corruption
  • Identify the various methods of reducing and preventing fraud, forgery, and corruption under the relevant act
  • Develop better ways on how to investigate and prosecute fraud, forgery and corruption cases successfully
  • Establish a better understanding of handling and treatment of evidence
  • Develop the administrative and managerial capabilities for effective and efficient performance
  • Prepare investigative reports

 OBJECTIVES
• Understanding procurement fraud and bribery –motivations and techniques
• Knowing the international law and commitments to anti-fraud and anti-bribery
• Developing competence in building multiple barriers to fraud
• Becoming aware of the principles and practicalities of bribery-proofing organisations
TRAINING METHODOLOGY
The Combating Risk & Fraud in Procurement training course will combine presentations, discussion, video materials and extensive case study materials. Delegates are particularly encouraged to engage in discussion of issues that affect themselves and their environmental context in order to assess the present capability of their organisations in anti-bribery and anti-procurement fraud management.
WHO SHOULD ATTEND?
• Professionals and leaders who wish to know more about avoiding and fraud proofing their organisations
• Personnel directly involved in procurement or contractual activities or relationships who need to know the law, the management and the tools and techniques of controlling fraud and bribery


OUTLINE
Understanding the Context and Motivations behind Procurement Fraud and Bribery
• Defining procurement fraud and bribery
• Understanding the motivations of individuals and organisations that engage in fraud and bribery.
• Assess the costs to the organisation and the individual of undetected fraud and bribery
• Recognising the role of everyone in the organisation with regard to fraud and bribery
• Public and Private sector responsibilities
Implementing Effective Anti-Fraud Controls
• Developing effective and proportionate procedures
• Training personnel and suppliers who may encounter procurement fraud
• Communicating policy to all levels in the organisation
• Securing the supply chain at all stages including initiation, storage, transportation, loading and unloading, handovers with other organisations and shipping and clearance documentation.
• Monitoring the stages in procurement from pre-qualification to use.
• Achieving due diligence
Building Effective Barriers to Procurement Fraud
• Increasing individuals and the organisation’s awareness of fraud risk
• Training staff to identify and signal and suspicion of procurement fraud
• Monitoring of documentation and internal audit as a control and a signal of the organisation’s attitude to fraud
• Assessing staff and their vulnerability to fraud.
• Creating effective procedures and monitoring these procedures
• Creating internal barriers to collusion and cooperation that may facilitate corrupt practices
• Auditing suppliers and associated organisations for procurement fraud
• Analysing data and activities in order to flag suspicions of fraud
Bribery Proofing the Organisation – Tools, Techniques and Approaches
• Planning the bribery-proof organisation
• Developing anti-bribery policy and
• Gaining commitment from all levels of the organisation
• Communicating the policies
• Enforcing compliance of organisational anti-bribery rules and procedures
• Achieving due diligence with controlled organisations and business associates
• Monitoring and reviewing the anti-bribery management system.
• Audit and top management review – continuously improving the system
Understanding the International Law, Conventions and Approaches To Anti-Bribery And Anti-Fraud Activities
• The OECD Anti-Bribery Convention and the United Nations Convention against Corruption
• The UK Bribery Act 2010 – bribing another person; bribing a foreign official; consequences of failing to prevent bribery.
• The US Foreign Corrupt practices Act 1977 – provisions and scope; enforcement; persons subject to the Act.
• Avoiding becoming entangled innocently in foreign bribery and anti-fraud situations

 

Certificates

A Certificate of Completion will be issued to those who attend & successfully complete the programme.

Schedule

  08:30 – 10:15 First Session

 10:15 – 10:30 Coffee Break

10:30 – 12:15 Second Session

 12:15 – 12:30 Coffee Break

12:30 – 14:00 Third Session

 14:00 – 15:00 Lunch

 Fees

 The Fee for the seminar, including instruction materials, documentation, lunch, coffee/tea breaks & snack is: