Step 1: Learn how to prevent and detect the most common fraud schemes relating to procurement of goods and services
Your organization naturally spends money on legitimate purchases of goods and services. Unfortunately, employees, contractors, and vendors can use the procurement process as a means to acquire assets and services for personal use, or even to get the company to pay for un-necessary or even fake purchases for the employee’s own benefit. Employees and managers alike can easily circumvent typical procurement procedures and controls to steer business to particular vendors, to purchase at inflated prices, and to even purchase from their own company as a supplier. Let’s face it, if procurement professionals do not know how fraudsters can get around controls, in ways that are nearly undetectable from inside the organization, the organization is probably losing enormous sums of money due to undetected fraud. This course devotes an entire day to learning how fraudsters successfully sidestep typical controls to perpetrate:
- Billing Schemes & Fake Purchase Schemes
- Expense Reimbursement Schemes
- Theft of Non-Cash Assets
- Corruption and Collusion
Step 2: Learn how to investigate suspected procurement fraud
What are people hiding from you? Criminals, clients, customers and even colleagues may each be hiding something from you. Learn how to be more effective in asking questions and evaluating responses so you can better detect lies and uncover the truth. By enhancing your interview techniques, you will get more information, more insight and less deception from everyone you interview. Even experienced professionals will improve their interviewing skills with this renowned course.