A highly interactive training course on

Procurement Audit

Coventry Academy -  Procurement Audit
5
Days

Course Schedules

 Istanbul
 07-11 Apr 2025
 $5,950
 Dubai
 22-26 Sep 2025
 $5,950
 London
 10-14 Nov 2025
 $5,950

Training course overview

This training course is designed to enhance the effectiveness of procurement audit and supervision functions within organizations. It provides a thorough exploration of the procurement audit process, beginning with defining audit objectives aligned with organizational mandates and extending to the preparation of comprehensive audit reports with actionable recommendations and follow-up procedures. Emphasis is placed on ensuring compliance with regulations and optimizing performance to achieve value for money outcomes. Furthermore, the course will cover strategies for preventing procurement fraud, equipping participants with essential knowledge and tools to safeguard procurement processes effectively. Participants will gain practical insights and skills necessary to conduct procurement audits rigorously and contribute to the overall efficiency and integrity of procurement activities within their organizations.

What are the goals?

By the end of this Coventry Academy training course, participants will be able to:

  • Reducing the time spent on administrative tasks
  • Managing fluctuating fuel costs
  • Vehicle maintenance costs
  • Implementing accurate communications with drivers
  • Determining new approaches in managing drivers

Who is this training course for?

This Coventry Academy training course is suitable for a wide range of professionals but will greatly benefit:

  • Contracts, Purchasing and Procurement Personnel
  • Engineering, Operational, Project and Maintenance Personnel
  • Those who are involved in the planning, evaluation, preparation and management of purchasing, tenders, contracts that cover the acquisition of materials, equipment, and services

How will this training course be presented?

This practical training course is based on adult learning concept i.e. it is participatory and experiential involving some theoretical insight, some awareness building and a lot of skill practice using a variety of individual exercises, team exercises, and case studies. It also leverages a series of videos portraying the latest transportation management systems. Pre & Post course assessments will be used to measure the effectiveness of this training.

Course Outline

Day One: Overview to Procurement Audit
  • Overview to procurement audit
  • Examination of the audited entity’s context
  • Considering the mandate of the organization
  • Internal controls mechanisms
  • Procurement planning overview
  • Approval and execution process sequence
Day Two: Procurement Function
  • Responsibility conditions for the procurement function
  • Delegation of authority and internal control mechanisms
  • Risks, audit purposes, scope, and planning
  • Assessment of risks including
  • Analysis of Fraud and corruption at each step of the procurement process
  • Development of the procurement audit purposes and scope
  • Development of the procurement audit plan
  • Selection of trial of procurement contracts to be audited
Day Three: Implementation of Procurement Audit Operations and Follow-up
  • Methods for gathering and analyzing evidence
  • Planning of the Procurement Audit Report
  • Validating compliance with legal requirements
  • Performance assessment of achievement of value for money
  • Procurement audit findings
  • Procurement Audit Report and recommendations 
  • Follow-up actions on the Procurement Audit Report 
Day Four: Fraud and Corruption Assessment
  • Introducing fraud and corruption and identify its forms
  • Understand its impact on the  organization
  • Identify the specific corruption risks facing the organization
  • Define the elements needed for fraud to take place 
  • Recognize controls effectiveness and the role they play in the prevention, detection and response
  • Define specific steps that can be taken to start managing fraud and corruption
Day Five: Prevention and Detection of Fraud and Corruption
  • Various fraud schemes that can be committed in procurement and contracting processes
  • Common and statutory law ethics and definitions that are relevant to procurement and contracting
  • Fraud risks in procurement and contracting processes detecting
  • Detection of red flags that might be revealing of fraud and corruption in procurement and contracting processes
  •  Effective proactive preventive procedures aimed at limiting fraud and related offences

The certificate

  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Coventry Academy
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