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Procurement Certification in Combating Risk and Fraud

19th October 2016

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

  • Company directors
  • Senior and Middle ranking Public
  • Officials
  • Finance Directors
  • Finance Staff
  • Auditors
  • Operational Directors and Managers
  • Operational Staff
  • Commercial Directors
  • Procurement Directors
  • Procurement Managers and Staff
  • Public Sector Policy Makers

Key Learning Objectives

  • ANALYSE the causes and history of past major fraud cases and learn from past experiences
  • UNDERSTAND consequences of procurement fraud to prepare for adverse circumstances
  • RESPOND promptly to fraud detection and red flags
  • MONITOR procurement cycles to review procurement planning
  • ESTABLISH clear job responsibilities for procurement management ADMINISTER actions on fraud to redress against fraudulent suppliers, bid           rigging and cartels
  • REDUCE risk of contract fraud by advocating appropriate tendering process and evaluation
  • STRENGTHEN internal controls to protect company resources by conducting effective procurement fraud checks regularly

 

Endorsed by:

 

Our definitive portal, The Power Times provides information and news on power generation, transmission and distribution entities. There is in-depth coverage of projects, contracts and business news, to technological innovations and improvements, and to future market trends. We offer technology-focused e-newsletters, company search via online product and company directories. Other facilities include job postings, events calendar, interactive news commentary, blogging, social media connections, technology basics and much more.

 

We are, The Hotel Times an online hospitality news portal to provide quality information to hoteliers and industry consultants. The portal serves a worldwide audience of hospitality professionals, providing them with both daily updated content and interactive services. The site offers industry news, multimedia streamed features, discussion platforms, a recruitment center, a supplier marketplace and several focus areas in areas such as technology and sales & marketing.

 

The Pharma Times portal provides pharmacists, pharmacy technicians, and others in the industry with the most comprehensive suite of web-based tools and pharma information available. The vast pharmaceutical and biotech industry is comprehensively covered to keep you up-to-date on breaking news, company announcements, trends and analysis.

 

The SME Times portal present articles that provide actionable information for small business owners and their employees, and aspiring entrepreneurs. Profiles of entrepreneurs will be inspirational making you learn how to be one and progress to the next level. Our support to the small business community has resulted in an online discussion forum to share ideas and knowledge, ask questions, find help and encourage each other.

 

The Property Times presents real estate news, information, advice, research, opinion and commentary for industry professionals and consumers alike. We are dedicated to sharing input from industry professionals, articles on breaking news, and statistics showing exactly what’s going on in the market. With up-to-date news published by our organization, investors stay informed on local and national trends. Thus a more informed decision leads to making higher net returns.

For further information of this course, please email to info@opuskinetic.com

Details

Date:
19th October 2016
Event Category:

Venue

Singapore
Singapore + Google Map