Uncovering Procurement Frauds

Forensic Accounting

What you'll learn

Identify and Understand Key Types of Procurement Fraud

Detect Red Flags and Warning Signs of Fraud in Procurement Process

Understand how to manage both vendors and employees to reduce the likelihood of fraudulent activities.

Real-world scenarios and practical examples help solidify your understanding of how fraud occurs and how to protect against it.

Requirements

No Prior Fraud Detection Experience Needed

Open Mindset to Learn and Apply New Concepts

Description

In today’s competitive business world, procurement fraud is a growing risk that can have severe financial and reputational consequences. Whether you’re working in procurement, finance, or compliance, understanding how to detect, prevent, and manage procurement fraud is the key to safeguarding your organisation.This comprehensive course on 'Uncovering Procurement Frauds' is designed to provide you with a deeper understanding of procurement fraud, its various types, and prevention strategies. From identifying common fraud schemes to implementing preventive measures, this course will help you with the knowledge and tools to protect your organisation from costly procurement fraud.What You'll learn:Basics of Contract ActTypes of Procurement FraudVendor and Employee ManagementRed FlagsPreventative MeasuresCase Studies and Practical ExamplesWho This Course Is For:Procurement professionals looking to enhance their fraud detection and prevention skills.Business owners and managers who want to understand how to protect their organisation from procurement fraud.Compliance officers seeking to implement strong fraud prevention frameworks.Finance professionals interested in managing procurement risks effectively.Students and learners who wish to get into forensic accounting, fraud investigation, and those who are preparing for certifications such as Certified Fraud Examiner (CFE)By the end of this course, you’ll be equipped with a clear understanding of procurement fraud and the strategies needed to prevent it. Protect your organisation, enhance your career, and become a trusted expert in procurement fraud prevention today.Enroll now and take the first step toward mastering procurement fraud prevention!

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Basics of Contract Act

Lecture 2 Contract Act

Section 3: Types of Procurement Fraud - An Overview

Lecture 3 Types of Procurement Fraud - An Overview

Section 4: Vendor Collusion Frauds

Lecture 4 Vendor Collusion Frauds

Section 5: Vendor Employee Collusion Frauds

Lecture 5 Vendor Employee Collusion Frauds Part 1

Lecture 6 Vendor-Employee Collusion Frauds Part 2

Section 6: Fraud in Non-Competitive Procurements

Lecture 7 Fraud in Non-Competitive Procurements

Section 7: Defective Pricing

Lecture 8 Defective Pricing

Section 8: Fraud During Contract Performance

Lecture 9 Fraud During Contract Performance

Section 9: Procurement Fraud Prevention

Lecture 10 Procurement Fraud Prevention

Beginner in fraud investigation and forensic accounting,Procurement Officers,Compliance Professionals,Learners preparing for anti-fraud certifications such as CFE