Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Contract and Procurement Fraud - Auditing the Procurement Process Course

By: TSI Limited

Ogun State, Nigeria

16 - 18 Sep, 2024  3 days

Follow Event

  

NGN 180,000

Venue: 4, Akinpelu Street, Lagos - Ibadan Express Road, Behind ENYO Petrol, Ibafo Bus stop, Ibafo, Ogun State. Online and Class room

When establishing a management system, organizations have to put in place processes to control the purchasing of products (or services) and their verification. However, the way organizations consider such requirements are fulfilled may not necessarily be the most appropriate one. Similarly, auditors may consider it sufficient to confirm compliance by just checking that an approved supplier list is up-to-date, that orders have been placed only with approved suppliers and activities necessary for ensuring conformity with the specified purchase requirements have been carried out.

Learning Objectives

  • Apply procurement audit skills during the design and development of a contract specification; 
  • deploy procurement audit skills to ensure that potential suppliers can provide a product that meets the design specification at the required cost;
  • Identify statutory and regulatory requirements especially the Procurement Act;
  • Identify the degree of risk associated with a component or product and the controls required to ensure that it meets the design specification in a contract.

Course Outline

  • Procurement Audit Procedure
  • Criteria for the Selection of Suppliers
  • Limitations of traditional approach
  • Reliance on tendering
  • Vulnerability to contract fraud
  • Initial selection and supplier partnerships
  • Annual review tools e.g. rolling audits, supplier 'MOTs'
  • Benchmarking
  • Improvement plans
4, Akinpelu Street, Lagos - Ibadan Express Road, Behind ENYO Petrol, Ibafo Bus stop, Ibafo, Ogun State. Online and Class room Sep 16 - 18 Sep, 2024
NGN 180,000.00
(Convert Currency)

Prof. Richard Mayungbe +1-646-202-8832, +2348033467639, +2348023019508,

Richard MAYUNGBE, PhD, MSc, MBA, BSc, FICA, FCCA, CPFA, ACFE, MICM, MIPN, Ch.MC, MITD, SEC Licensed Investment Adviser (Country Representative of the Institute of Certified Forensic Accountants, Canada) www.forensicglobal.org

Related Courses

Customer Relationship Management Course Customer Relationship Management Course

3 days, 18 - 20 Nov, 2024 

2024-11-18 12:11:00 2024-11-18 12:11:00
Ogun State, Nigeria

TSI Limited

This training course introduces Customer Relationship Management (CRM) and provides the skills and knowledge required to develop, manage, build and maintain customer relationships. You will develop ...

Business Continuity Management Course Business Continuity Management Course

5 days, 07 - 11 Oct, 2024 

2024-10-07 12:10:00 2024-10-07 12:10:00
Rwanda

TSI Limited

ISO 22301 Business Continuity Management is an internationally recognized standard that provides a framework and guidelines for organizations to establish, implement, and maintain effective business ...

Auditing for Internal Control Course Auditing for Internal Control Course

3 days, 22 - 24 Jul, 2024 

2024-07-22 12:07:00 2024-07-22 12:07:00
Ogun State, Nigeria

TSI Limited

The Board of Directors has the ultimate responsibility for operations and processes involving risk management and control, but, managers with operational responsibility are charged with ensuring that ...

Women in Leadership Online and Classroom Course Women in Leadership Online and Classroom Course

3 days, 19 - 21 Jun, 2024 

2024-06-19 12:06:00 2024-06-19 12:06:00
Ogun State, Nigeria

TSI Limited

The strengths and different perspectives that women bring to organizations are largely unacknowledged, mainly because women do not know how to present these skills in an effective way. Often being a ...