Date and Time:
December 7, 2021 11:00 AM - 1:00 PM
December 8, 2021 11:00 AM - 1:00 PM
December 9, 2021 11:00 AM - 1:00 PM
December 10, 2021 11:00 AM - 1:00 PM
Event Location:
Online, India
Description
Procurement fraud and bribery are the single largest area of loss for businesses and Government departments around the world. Achromic Point’s Virtual Training will prepare professionals involved in all areas of the public and private sectors to mitigate and manage procurement fraud and bribery risks.
Benefits of Attending:
- Implement effective procurement fraud controls
- Understanding procurement fraud and bribery
- Developing competence in building multiple barriers to fraud
- Put in place the principles that will bribery-proof their business
Who should attend?
- Fraud Examiner
- Internal Auditors
- Chief Risk Officers
- Chief Audit Executives
- CFOs
- Assurance professionals
- Head – Procurement and Logistics
- Supply Chain Professional
- Compliance & Risk Manager
Thought Leaders:
- Shreyas Jayasimha
Advocate | Arbitrator | Mediator
Aarna Law (India)
Simha Law (Singapore) - Anirban Banerjee
Global Head – Business Advocacy & Excellence TCS BFSI Operations
Tata Consultancy Services - Shashank Karnad
Partner & CEO Forensic Services
Mahajan & Aibara
Brochure: Procurement_V2
Event Timelines
7th December, 2021 11.00 AM - 01.00 PM
Session 1: Understanding the Context and Motivations behind Procurement Fraud and Bribery
• Defining procurement fraud and bribery
• Understanding the motivations of individuals and organisations that engage in fraud and bribery
• Assess the costs to the organisation and the individual of undetected fraud and bribery
• Recognising the role of everyone in the organisation with regard to fraud and bribery
• Understanding the International Law, Conventions and Approaches To Anti-Bribery And Anti-Fraud Activities
o The OECD Anti-Bribery Convention and the United Nations Convention against Corruption
o The UK Bribery Act 2010 – bribing another person; bribing a foreign official; consequences of failing to prevent bribery
o The US Foreign Corrupt practices Act 1977 – provisions and scope; enforcement; persons subject to the Act
• Defining procurement fraud and bribery
• Understanding the motivations of individuals and organisations that engage in fraud and bribery
• Assess the costs to the organisation and the individual of undetected fraud and bribery
• Recognising the role of everyone in the organisation with regard to fraud and bribery
• Understanding the International Law, Conventions and Approaches To Anti-Bribery And Anti-Fraud Activities
o The OECD Anti-Bribery Convention and the United Nations Convention against Corruption
o The UK Bribery Act 2010 – bribing another person; bribing a foreign official; consequences of failing to prevent bribery
o The US Foreign Corrupt practices Act 1977 – provisions and scope; enforcement; persons subject to the Act
8th December, 2021 11.00 AM - 01.00 PM
Session 2: Implementing Effective Anti-Fraud Controls
• Developing effective and proportionate procedures
• Training personnel and suppliers who may encounter procurement fraud
• Communicating policy to all levels in the organisation
• Securing the supply chain at all stages including initiation, storage, transportation, loading and unloading, handovers with other organisations and shipping and clearance documentation
• Monitoring the stages in procurement from pre-qualification to use
• Achieving due diligence
• Developing effective and proportionate procedures
• Training personnel and suppliers who may encounter procurement fraud
• Communicating policy to all levels in the organisation
• Securing the supply chain at all stages including initiation, storage, transportation, loading and unloading, handovers with other organisations and shipping and clearance documentation
• Monitoring the stages in procurement from pre-qualification to use
• Achieving due diligence
9th December, 2021 11.00 AM - 01.00 PM
Session 3: Building Effective Barriers to Procurement Fraud
• Increasing individuals and the organisation’s awareness of fraud risk
• Training staff to identify and signal and suspicion of procurement fraud
• Monitoring of documentation and internal audit as a control and a signal of the organisation’s attitude to fraud
• Assessing staff and their vulnerability to fraud
• Creating effective procedures and monitoring these procedures
• Creating internal barriers to collusion and cooperation that may facilitate corrupt practices
• Auditing suppliers and associated organisations for procurement fraud
• Analysing data and activities in order to flag suspicions of fraud
• Increasing individuals and the organisation’s awareness of fraud risk
• Training staff to identify and signal and suspicion of procurement fraud
• Monitoring of documentation and internal audit as a control and a signal of the organisation’s attitude to fraud
• Assessing staff and their vulnerability to fraud
• Creating effective procedures and monitoring these procedures
• Creating internal barriers to collusion and cooperation that may facilitate corrupt practices
• Auditing suppliers and associated organisations for procurement fraud
• Analysing data and activities in order to flag suspicions of fraud
10th December, 2021 11.00 AM - 01.00 PM
Session 4: Bribery Proofing the Organisation – Tools, Techniques and Approaches
• Planning the bribery-proof organisation
• Developing anti-bribery policy and
• Gaining commitment from all levels of the organisation
• Communicating the policies
• Enforcing compliance of organisational anti-bribery rules and procedures
• Achieving due diligence with controlled organisations and business associates
• Monitoring and reviewing the anti-bribery management system.
• Audit and top management review – continuously improving the system
• Planning the bribery-proof organisation
• Developing anti-bribery policy and
• Gaining commitment from all levels of the organisation
• Communicating the policies
• Enforcing compliance of organisational anti-bribery rules and procedures
• Achieving due diligence with controlled organisations and business associates
• Monitoring and reviewing the anti-bribery management system.
• Audit and top management review – continuously improving the system
Sorry, Event Expired
