Contract and Procurement Fraud Workshop
- May 8, 2024 8:00 a.m.
- New York, NY
In-Person Seminar
Course Level
Intermediate
Intermediate
Delivered via
In-Person
In-Person
Contract and Procurement Fraud
Description
Building on the foundation provided in the Contract and Procurement Fraud seminar, this workshop provides you with an opportunity to apply your knowledge in an interactive setting.
You will work through practical exercises and case studies to hone your ability to prevent, detect and respond to contract and procurement fraud.
From understanding the personality risk profiles of the typical procurement fraudster to reviewing a contract file to uncover potential fraud, this workshop provides a deep dive into best practices in combating threats in the contract and procurement functions.
Prerequisites
Previous attendance at the Contract and Procurement Fraud seminar or similar level of knowledge.
You Will Learn How To:
Recognize and navigate the nuances of conducing international investigations involving contract and procurement fraud schemes.
Determine the degree of evidence required to meet administrative civil and criminal thresholds for resolution.
Map various procurement methods to relevant high-risk schemes and the related integrity controls used to prevent potential misconduct.
Examine the documents found in a typical contract folder for red flags of fraud.
Develop procurement fraud risk theories based on evidence presented.
Location & Venue
Event Venue
Convene530 5th Ave, Floor 9
New York, NY 10036
Hotel Information
View list of hotel partners.
CPE Information
| CPE Credit: | 8 |
|---|---|
| Advanced Preparation: | None |
| Delivery Method: | In Person |
Credit by Field of Study
| Auditing: | 8 |
|---|
Registration & Fees
Registration Fee:
Member Price: $425
Non-Members: $525
**You may register for the 2-day Contract and Procurement Fraud course alone, or with the 1-day Contract and Procurement Fraud Workshop. However you may not register for the Contract and Procurement Fraud Workshop alone.
Course Outline
Day 1
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7:30 – 8:00 a.m. Registration and Continental Breakfast
Registration and Continental Breakfast
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8:00 – 9:20 a.m. International Investigation
You’ll begin the workshop portion of this class with a case exercise focused on international investigations. You will examine the contract requirements of an international project and review details of the company that was awarded the contract. Follow the concerns that prompted an investigation and then identify elements of potential legal offenses. We will also discuss specific players in the scheme and what legal charges you think should be brought against them.
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9:35 – 10:55 a.m. Methods Used to Acquire Goods and Services
Each step in the procurement process is susceptible to unique fraud risks. Building off the foundation laid in the previous 2-day seminar, this session dives deeper into the various weak points within procurement and the relevant integrity controls that can be used to prevent potential misconduct within those processes. Using an interactive exercise, you will visualize the traditional procurement processes phases and elaborate on the steps, personnel, and purpose of each phase, as well as what fraud schemes are most likely to occur in each phase and how they can best be prevented.
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11:10 a.m. – 12:30 p.m. Is It Administrative, Civil or Criminal?
When investigating a case of contract and procurement fraud, a fraud examiner should be aware of the varying degrees of evidence required to meet the thresholds for administrative, civil, and criminal resolutions. Through practical exercises, this session will explore the types of legal actions available in different situations and how to meet the related evidence thresholds.
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12:30 – 1:30 p.m. Group Lunch
Group Lunch
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1:30 – 2:50 p.m. The Contract Folder
The typical contract folder should contain numerous documents—each of which might contain red flags of fraud. During this session, you will review examples of contract documents and folders and look for warning signs of misconduct.
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3:05 – 4:25 p.m. Capstone Exercise: The Lighthouse
Bringing all of the previous discussions together, this capstone session will give you the opportunity to apply everything you've learned. You will review a contract, identify the relevant procurement fraud risk theories, assess what schemes might be occurring and identify mitigating procurement integrity controls that can be used to help mitigate fraud risk.
Presenter
Tom Caulfield, CFE, CIG, CIGI -
Chief Operating Officer
Procurement Integrity Consulting Services
Policies
Event Cancellation Policy
Our cancellation policy is intended to keep costs low for attendees. Due to financial obligations incurred by ACFE, Inc. you must cancel your registration prior to the start of the event. Cancellations received less than 14 calendar days prior to an event start date are subject to a $100 administrative fee. No refunds or credits will be given for cancellations received on or after the start date of the event. Those who do not cancel and do not attend are responsible for the full registration fee. Should an event be cancelled or postponed by the ACFE due to unforeseen circumstances, ACFE will process a full refund of registration fees within 30 days of such circumstances becoming known. ACFE will attempt to notify affected customers by phone and email after it determines cancellation is necessary.
Satisfaction Guarantee
ACFE events are unmatched in scope and effectiveness and backed by our unconditional satisfaction guarantee. If you attend an ACFE event and are not completely satisfied, please contact an ACFE Member Services Representative at MemberServices@ACFE.com or call (800) 245-3321 / +1 (512) 478-9000.
Terms and Conditions
The Association of Certified Fraud Examiners, Inc. 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.