A Highly Interactive Training Course On

Procurement Audit

Fundamentals of Procurement, Processes, People, Systems, and Compliance

Procurement Audit
Course Schedule

CLASSROOM

09-13 Jun 2025
Dubai
$5,950
22-26 Sep 2025
Dubai
$5,950
10-14 Nov 2025
London
$5,950
08-12 Jun 2026
Dubai
$5,950
21-25 Sep 2026
Dubai
$5,950
09-13 Nov 2026
London
$5,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

A procurement audit is an essential process that guarantees transparency, efficiency, and adherence to regulations in procurement operations. A thorough procurement audit enables organizations to evaluate risks, optimize processes, and improve accountability. This Procurement Audit training course offers a comprehensive framework for auditing procurement activities, covering key areas such as procurement basics, processes, personnel, systems, and compliance standards.

This training course will highlight:

  • The fundamentals of procurement and its key principles
  • The role of procurement audits in improving efficiency and compliance
  • Best practices in auditing procurement processes and systems
  • Techniques for assessing procurement personnel and stakeholder engagement
  • Compliance with regulatory frameworks and risk mitigation strategies

What are the goals?

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

  • Understand the core principles of procurement audits
  • Identify inefficiencies and risks in procurement processes
  • Evaluate procurement systems and internal controls
  • Analyse procurement personnel roles and ethical responsibilities
  • Ensure compliance with local and international procurement regulations
  • Develop strategies for improving procurement transparency and accountability

Who is this Training Course for?

 

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Procurement and Supply Chain Managers
  • Internal and External Auditors
  • Risk and Compliance Officers
  • Legal and Regulatory Professionals in Procurement
  • Senior Executives responsible for procurement oversight
  • Finance and Accounting Professionals engaged in procurement processes

How will this Training Course be Presented?

Participants will engage in a variety of learning methods, including:

  • Expert-led discussions on procurement audit principles
  • Case studies evaluating real-world procurement audit scenarios
  • Hands-on exercises in risk identification and compliance assessment
  • Group discussions and interactive workshops on best practices
  • Practical audit simulations to reinforce learning outcomes

The Course Content

Day One: Fundamentals of Procurement and Auditing
  • Overview of procurement functions and principles
  • The role of procurement audits in governance and compliance
  • Key procurement risks and challenges
  • International procurement standards and best practices
  • Case Study: Analysing procurement audit failures
Day Two: Auditing Procurement Processes
  • Procurement planning and strategy evaluation
  • Supplier selection and contract management audit
  • Assessing procurement documentation and record-keeping
  • Transparency and ethical considerations in procurement
  • Group exercise: Identifying weaknesses in procurement processes 
Day Three: Evaluating People and Stakeholder Engagement
  • Roles and responsibilities in procurement auditing
  • Stakeholder accountability in procurement transactions
  • Assessing competency and training in procurement teams
  • Ethical considerations in procurement decision-making
  • Workshop: Auditing procurement team performance 
Day Four: Procurement Systems and Internal Controls
  • IT systems and e-procurement audit considerations
  • Data analytics and technology in procurement audits
  • Evaluating internal controls and fraud prevention measures
  • Enhancing transparency with digital procurement solutions
  • Group exercise: Reviewing procurement audit reports 
Day Five: Compliance, Reporting, and Continuous Improvement
  • Key legal and regulatory frameworks in procurement
  • Compliance audit techniques and best practices
  • Reporting procurement audit findings and recommendations
  • Developing a continuous improvement plan for procurement integrity
  • Final group presentation: Designing an effective procurement audit framework