Contract and Procurement Fraud – official ACFE (CPE) course

IMF Academy

Training

In Amsterdam (Netherlands)

£ 1,695.73 + VAT

*Indicative price

Original amount in EUR:

1,980 €

The best Business Management courses

See all

See all

Description

  • Type

    Training

  • Level

    Intermediate

  • Location

    Amsterdam (Netherlands)

  • Duration

    2 Days

  • Start date

    14/10/2024

The rise in contract management and the outsourcing of goods and services has created an increase in procurement fraud, which can occur at any stage of the contracting and procurement process. Appropriate controls, fraud prevention strategies and proper tendering processes are necessary in the fight against this fraud. This 2-day course will teach you the best practices in preventing, detecting and investigating contract and procurement fraud.

Organizations can be defrauded through collusion among bidders, between employers and contractors, and by sole procurement employees. Consequently, you need to be aware of the vulnerabilities and risks associated with fraud schemes that attack the purchasing, procurement and contract functions. Acquire the knowledge, skills and techniques you need to prevent, detect and deter these devastating frauds and join the course Contract and Procurement Fraud!

Facilities

Location

Start date

Amsterdam (Netherlands)
See map

Start date

On request
Amsterdam (Netherlands)
See map

Start date

14 Oct 2024Enrolment now open

About this course

The 2-day course about contract and procurement fraud is meant for:
Certified Fraud Examiners (CFEs) and other anti-fraud professionals; government procurement officers; internal and external auditors; professionals seeking knowledge of fraud in the procurement process; forensic and management accountants, accounts payable and financial analysts; controllers and corporate managers; governance, risk management and compliance officers; attorneys, legal professionals and law enforcement personnel; detectives (GRC) and private investigators.

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Who would you like to address this question to?

Fill in your details to get a reply

We will only publish your name and question

Reviews

Subjects

  • Preventing fraud
  • Detecting fraud
  • Investigate fraud
  • Fraud Prevention and Deterrence
  • Fraud Prevention
  • Risk Management
  • Accountancy
  • Corporate Financing
  • Governance
  • Private Investigator

Teachers and trainers (1)

International Management Forum IMF

International Management Forum IMF

publisher of distance learning courses and organizer

Course programme

DAY I
The procurement process

  • Public versus private procurement
  • Methods used to acquire goods and services
  • Four phases in the procurement (tendering) process
  • E-procurement
  • Employees involved in the purchasing process
  • Procurement involving contracts
  • Types of contracts used to purchase goods and services

Legal elements of procurement fraud

  • Criminal actions
  • Civil actions
  • Administrative actions
  • Penalties and legal remedies
  • Principal criminal violations in procurement
  • Principal civil violations in procurement

Bribery and corruption

  • Bribery
  • Kickbacks
  • Illegal gratuities
  • Economic extortion
  • Conflict of interest
  • Red flags of corruption schemes

Collusion among contractors

  • Bid rigging schemes
  • Market division
  • Preventing bid rigging, market allocation, and other types of collusion
  • Red flags of bid rigging, market allocation, and other schemes involving collusion among contractors
  • Detecting bid rigging, market allocation, and other schemes involving collusion among contractors

Collusion between contractors and employees

  • Need recognition
  • Bid tailoring
  • Bid manipulation
  • Unbalanced bidding
  • Leaking bid data

DAY II
Fraud in procurement without competition

  • Unjustified sale-source awards
  • Purchases for personal use
  • Bid splitting
  • P-card schemes
  • Petty cash abuse

Performance schemes

  • Invoicing schemes
  • Nonconforming goods or services
  • Change order abuse
  • Cost mischarging
  • Commingling of contracts

Vendor management

  • Vendor due diligence
  • Managing vendor risks via contracts
  • Risk of shell companies

Detection and prevention

  • Instituting an ethics and compliance program
  • The principles of fraud risk management
  • Establishing a procurement fraud detection and prevention program
  • Step one: conduct a fraud risk assessment
  • Step two: develop a tailored anti-fraud program
  • Step three: establish a response plan

Investigating procurement fraud

  • Develop an investigation plan investigating procurement fraud schemes

See related categories

Contract and Procurement Fraud – official ACFE (CPE) course

£ 1,695.73 + VAT

*Indicative price

Original amount in EUR:

1,980 €

The best Business Management courses

See all

See all