Fraud Prevention in Contracts and Purchasing

Place- الموعد Date - المكان
2017-02-05 00:00:00 Dubai
2017-07-02 00:00:00 Turkey
2017-10-01 00:00:00 Casablanca

 Who can benefit?

§ Managers involved in projects, contracts, purchasing, operations, maintenance, engineering, quality, finance, and other company activities that expose them or their staff's to contractors and suppliers where there is a potential for fraud to occur.

Course objective

§  Common Business Ethics

§  Types of Internal Fraud Related to Contracts and Purchasing

§  Types of External Fraud to Contracts and Purchasing

§ Steps in Corruption Prevention

§ Anti-Corruption Policy Statements & Contract Clauses

§ Stages in the Procurement Process where Fraud can occur

§  Elements of a Good Procurement System to combat Fraud

§ Expectations for Continuous Improvement as anti-corruption tool

§ Standards of Ethical and Professional Conduct

§  Fair and reasonable price determination to prevent corruption

§  Basic Methods of Fraud Detection

§ Resources to increase their Knowledge and skill sets

Course content

§ Business Ethics

§ Defining Fraud

§ Impact of Fraud and Corruption

§ Corruption Perception Index

§ Influences that cause Corruption

§ Rewards and risks for participating in Corrupt Activities

§ Duties of Employees acting as agents

§ Types of Employee Fraud Related to the Procurement Process

§ Types of Contractor and Supplier Fraud

§ Stages of the Contracting & Purchasing Process where Fraud is most likely to Occur

§ Types of Collusion

§ Overcharging by suppliers

§ Elements of a Good Procurement System

§ Authority levels

§ Determining fair and Reasonable Pricing

§ Supplier and Contractor Qualification Process

§ Main elements in a competitive bidding process

§ Statement of Work

§  Reverse Auctions

§  Quality Programs

§  Performance-Based Service Contracts

§ Major Steps for Effective Prevention

§ Corporate Compliance Procedures and Policies

§ Compliance Officer

§ Due diligence In Hiring & Promoting Personnel

§ Education & Training

§ Disciplinary Action

§ Management Responsibilities in Corruption Prevention

§ Contract and Purchasing Professionalism

§ Standards of Ethical and Professional Conduct

§ Gratuities & Gifts

§  Corrupt Practices Act

§ World Trade Organization's procurement rules --a universal standard for good practices.

§ Blow the Whistle Procedures

§ Contract Clauses That Assist In Prevention

§ Conflicts Of Interest

§ Certificate Of Independent Price Determination

§ Covenant Against Contingent Fees

§ Anti-Kickback Procedures.

§ Cancellation, Rescission, and Recovery of Funds For Illegal Or Improper Activity.

§ Price or Fee Adjustment for Illegal Or Improper Activity.

§ Certification and Disclosure Regarding Payments to Influence.

§ The Integrity Pact

§ Reputation Management as a Tool To Fit Corruption

§ Methods of Fraud Concealment

§  Potential Warning Indicators of Fraud by Personnel

§ Basic Methods of Fraud Detection

§ Internal Audit Teams

§ Expectations for Continuous Improvement

§ Continuous Improvement Programs

§ Savings Reporting Process

§ The use of Strategic Purchasing Plans to reduce Fraud

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