An Interactive 3-Day Training Course
Procurement Fraud Workshop
The Identification, Monitoring,
Detection and Resolution
Classroom Sessions:
Online Sessions:
| 20 - 22 Oct 2025 | Online | $2,950 | |
| 19 - 21 Oct 2026 | Online | $2,950 |
INTRODUCTION
The broad objectives of scrupulousness in procurement relate to the integrity and honesty in procurement transactions. The accountability; sustenance of integrity; ensuring compliance with processes; maintaining supplier confidence in the organization’s processes; minimizing potential conflicts; all offers being evaluated against the same criteria; ensuring the procurement activity provides the best outcome; and avoiding potential for misconduct, fraud and corruption. Procurement fraud can be one of the more complex frauds to investigate; there are numerous ways it can be committed and, when investigating it, all options need to be considered.
A simple definition of procurement fraud would be ‘fraud within the procurement lifecycle of a product or service, not forgetting long-term maintenance contracts’. Many frauds committed fall within the banner of procurement fraud as most companies obtain products or services through some form of procurement exercise.
Objectives
By the end of this Procurement Fraud workshop, the participants will be able:
- Develop strategic purchasing plans to avoid collusion between suppliers
- Discuss how purchase orders and variations orders are instrumental in Procurement fraud
- Be taught how to develop spend profiles
- Understand how bid rigging and bid splitting can lead to fraud
- Explore many ways of reporting key performance indicators (KPI)
- See how to apply past supplier performance for better selection
- Be presented with the most important competencies for purchasing personnel
WHO SHOULD ATTEND?
This Procurement Fraud Workshop will help Participants increase their knowledge base and skill sets through a variety of instructional methods including lecture by an experienced practitioner and consultant who has "been there-done that", cases, review of published articles, and group discussions covering current practices and their relationship to the implementation of new concepts in fraud Risk Management.
This GLOMACS Procurement Fraud workshop is suitable to a wide range of professionals but will greatly benefit:
- Those involved in purchasing, albeit as supplier, buyer, materials planner, finance or even end-customer
- Supervisors, Professionals and staff in the organization who are responsible for overseeing the purchasing function
DAY 1
Rationale and principles of Procurement Management
- Definition and understanding Procurement and purchasing
- Critical Supply Strategies – the unnecessary need for RFQs
- Definition of Category Management to facilitate Procurement
- Models used in Category Grouping Strategy
- Developing Spend Profiles and the ABC Analysis
- Skill sets For Purchasing of the future
DAY 2
Implementing Internal Controls to Reduce Fraud Risk
- Principles and standards of purchasing practice
- Developing, monitoring and evaluation systems – generating critical reports
- Identification and the prevention of Procurement Fraud
- Developing Company Purchase Price Index
- Developing Key Performance Indicators (KPI) For Procurement
- Ethics and codes for purchasing personnel
DAY 3
Improving the Image of Procurement
- The Most Common Procurement Fraud Schemes and their Primary Red Flags
- 6 common procurement fraud schemes
- The seven global procurement fraud challenge
- Procurement frauds and its effects
- Basic Issues in Corruption and Fraud Prevention
- 10 ways to control procurement fraud
- Increasing the Level of Procurement Professionalism
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Endorsed Education Provider
GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org
In Association With
PetroKnowledge
Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients
Dubai - UAE
P. O. Box
74653
Tel: +971 (04) 425 0700
Fax: +971 (04) 425 0701
Tax Registration Number: 100270246000003
GLOMACS Training & Consultancy
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