Contract and procurement fraud

About this Course

As business transactions increase, so does the rise in contract management and the outsourcing of goods and services. This has led to an increase in procurement fraud, which can occur at any stage of the contracting and procurement process.  To mitigate this kind of fraud organizations need to set up appropriate controls, fraud prevention strategies and proper tendering processes to fight against this fraud. This 2-day course will teach you the best practices for preventing, detecting and investigating contract and procurement fraud.

Learning Outcomes

  • Determine if a procurement scheme violates legal statutes or civil laws.
  • Identify the red flags of bribery and corruption.
  • Recognize bid-rigging and market-allocation schemes.
  • Reduce the risk of vendor fraud.
  • Develop an investigation plan to respond to suspected procurement fraud.

Course Outline

  • Topic 1: Revisiting the procurement process
  • Topic 2: Legal elements of fraud in Uganda
  • Topic 3: Overview of Corruption and Bribery
  • Topic 4: Investigating and detecting collusion between contractors and employees
  • Topic 5: Investigating fraud in Sole-source contracting processes
  • Topic 6: Contractor work performance fraud schemes
  • Topic 7: Management of Vendors
  • Topic 8: Fraud detection and prevention
  • Topic 9: Investigating procurement fraud

Target Audience

  • Government procurement officers
  • Internal and external auditors, CPAs and CAs 
  • 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 and private investigators
  • Certified Fraud Examiners and other anti-fraud professionals 

Duration and Fees

Duration: 2 Days
Pricing: $150

Contract and procurement fraud quiz

Do you you the level you are when it comes to Contract and procurement fraud? Test yourself by taking the quiz below