Course Description

Synopsis:

This module introduces participants to the procurement lifecycle, emphasizing the importance of each phase from determining requirements to contract management. It highlights key controls essential for maintaining transparency, fairness, and value for money in procurement activities. Participants will also gain insights into the public sector procurement framework and referencing resources such as the Government Electronic Business (GeBIZ) portal. 

Module sections:

• Overview of the procurement lifecycle for public and private sectors
• Key controls in the procurement process 
• Common weaknesses in procurement controls 
• Case studies of past procurement lapses 

Explore the other course in the Procurement Integrity Series to deepen your understanding of procurement processes, related risks, and effective fraud prevention measures.

1. Common Schemes in Procurement Fraud

Intended For:

• Audit Professionals / PAIP
• Finance Professionals / PAIB
• Public Sector Finance
• C-Suite & Directors
• Business Owners

Competency Mapping: 

• CPE Category "Others" = 0.5 CPE Hour