What You Will Learn:
- How to identify the fraud triad
- The many faces of fraud within supply chain
- Auditing major contracts for fraud
- Practical real world use cases
- Tools to help you counteract contract and procurement fraud activities
Virtual Class Schedule:
Day 1 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 1 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Day 2 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 2 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Course Overview & Goals:
- Common fraud examination tools and applications
- Types of fraud categories most employed in purchasing, contract management, personal expense categories, the Internet, bidding and asset misappropriation
- Audit types often employed by supply chain management and purchasing professionals of various contract types
- Audit triggers, examples employed in fraud investigations
- To employ certain audit types to ensure the standards of professional assurance are being met by the contractor and the supply chain management
- The questions to employ when conducting an in-house review and investigation
- Remedies to employ as a company to a contractor/supplier, to an employee and what the law would avail
- To better track and review your own contracts
- Use cases to make the learning practical and applicable
- Tools to put into place to reduce and/or eliminate fraud along the supply chain
- Increased confidence in managing sizable contracts effectively
- New skills, knowledge and tools to combat contract and procurement fraud along the supply chain
Who Should Attend:
This session is essential for any organization which expended sizable sums of money with a few select suppliers or contractors. All levels of purchasing and supply management professionals, contract administrators, contract managers, project managers and senior managers will benefit from this supply chain fraud course.