Managing Fraud & Corruption Risks In Procurement
The Singapore Business Institute is pleased to organize a workshop on “Managing Fraud and Corruption Risks in Procurement”.
Day/Date: Mon, 27 Nov 2017
Time: 9:00am - 5:00pm
Fee per pax (incl. GST): S$580.00(Member) | S$660.00(Non-Member)
Procurement is one of the key functions in the business operations of any organisation. Organisations, whether big or small, are prone to the risk of fraud and corruption in their procurement process. The reputational and financial fallout from such cases can be disastrous. Organisations can be defrauded through collusion among bidders, between employees and contractors, and by sole procurement employees. This seminar is designed to help the participants to identify and manage fraud and corruption risks in the procurement environment.
- Insights of the common employee fraud schemes operating at the workplace and their red flags
- Understanding what motivates people to commit procurement fraud
- Recognising warning signs of employee/contractor involvement in procurement fraud
- Identify preventive, detecting and investigative measures to reduce the risk of procurement fraud, bribery and kickback
1.What is Procurement Fraud?
2. The Fraud Triangle
3. Why does Procurement Fraud occur?
4. When and where Procurement Fraud happens?
5. Who is committing Procurement Fraud?
6. The Impact of Procurement Fraud on an Organization
7. The Procurement Process - The Essential Phases
8. Common Procurement Fraud Schemes and their Red Flags at each stage of the Procurement Process
9. Bribery and Kickbacks
10. Conflict of Interest
11. Common Procurement Fraud Offences
12. Why is combating Procurement Fraud important?
13. Combating Procurement Fraud
14. Case Study
Upon completion of the workshop, the participant will be granted an attendance certificate.
*Programme is accurate at the time of print
Training expenditure qualifies your company for up to 400% tax deductions or up to 40% cash payouts under the Productivity and Innovation Credit (PIC).
Please email to email@example.com to reserve a seat, this will be followed by a confirmation email. Upon confirmation, please prepare a cheque to SBF (refer to address on above letterhead).
Cheque should be made payable to “Singapore Business Federation”. Please indicate the Ref No. and company’s name, participant’s name at the back of the cheque.
NOTE: As a precautionary measure, our advice is for members who are unwell not to attend the session.
For more information, please contact:
Email: firstname.lastname@example.org (ATTN: Eady NG)
*Information is correct at the time of print
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