Procurement Fraud Risks, Audit and Internal Controls for Public and Private Sectors (8-9 December 2025) St. Giles Boulevard Hotel, Kuala Lumpur
OVERVIEW
Protect Your Business Against Expensive Malpractices and Fraudulent Behaviour
The rise in contract management and the outsourcing of goods and services has created an increase in procurement fraud, which can occur at any stage of the contracting and procurement process. Appropriate controls, fraud prevention strategies and proper tendering processes are necessary in the fight against this fraud.
It is important to remember that maintenance of financial controls remains critical in this age of digitalisation. Public and private sectors must continue to comply with legal responsibilities and related guidance on financial governance. It is essential that all staff maintain financial records and decision logs – regardless of any circumstances - so that audit trails are preserved .
Procurement, finance, and payroll staff, as well as those who requisition or authorise the purchase of goods, services and works should familiarise themselves with the controls set out to prevent fraud , identify key parameters for auditors in assessing the risk of sub-optimal procurement, and how they should prioritise and conduct their audits to check if these risks have materialised, including the risk of fraud and corruption.
Procurement fraud can occur through departmental purchasing of goods and services, as well as through contractual arrangements with external service providers. It can occur in many different ways. Fraud within the procurement life cycle is high risk and can result in recurring losses. You may be at risk due to fraudulent activities conducted by internal staff, collusion between internal staff and external service providers or external service provider or industry collusion.
This workshop offers insight into the specific risks and possible management techniques in procurement in good or tough times. This 14 hours training programme would equip participants with the knowledge, skills, and techniques to deter, prevent, and detect various devastating types of fraud. JOIN US to learn how to identify procurement fraud situations, uncover rogue operatives and threats and provide a higher level of transparency and control over all elements of your purchasing requirements.
OBJECTIVES
- CALIBRATE RED FLAGS Of Procurement Fraud
- EXPLAIN New Emergent Risks In Public and Private Sectors
- RELATE Various Root Cause Of Different Procurement Fraud Schemes
- DEVELOP Robust And Practical Procurement Policies And Procedures
- CATEGORISE Different Type Of Procurement Fraud That Can Occur In All Sectors
- GAIN A Thorough Understanding Of How Strategic Policies And Governance Can Contribute Toward Procurement Effectiveness And Efficiency
- KNOW Different Effective Deterrent, Preventive, And Detective Measures To Prevent Occurrence Of Procurement Fraud
- KNOW Risk Mitigation At All Stages Of A Transaction From The Initial Stage Through Supplier Selection, Contract Negotiation, And On-going Supplier Management To Contract Close Out
- UNDERSTAND and RECOGNISE Why And How Risk Is An Integral Part Of The Procurement Process
- IDENTIFY The Vulnerability of The Procurement Function To Fraudulent Activities
Other Workshops:
Join us for "The Power of Training Needs Analysis to Drive Success". Learn to identify and address key training needs, boost organizational performance. HRD Corp claimable course. Register now!
OVERVIEW Conflicts are an inevitable part of any fast-moving business environment. When left unmanaged, they can escalate into costly legal battles, strained relationships, and disrupted operations. Despite this, many professionals and organizations still struggle to resolve disputes efficiently due to a lack of understanding of Alternative Dispute Resolution (ADR) methods . Without the right skills, even routine conflicts can become complex, time-consuming, and damaging to a company’s reputation and bottom line. " In dispute resolution, the goal is not to defeat the other side, but to find a just and lasting solution. " Pro ciency in ADR empowers professionals to handle disputes constructively, without resorting to litigation . Whether it’s through negotiation, mediation, or arbitration, ADR offers flexible and cost-effective ways to resolve conflicts while preserving valuable business relationships . But successfully applying these methods requires more than just basic knowledge—it calls for strategic thinking, practical skills, and the ability to navigate legal frameworks con fidently. This 2-day intensive ADR training bridges that gap. Designed for legal, HR, and business professionals , the course delivers practical tools to resolve disputes before they escalate . Participants will gain hands-on experience in negotiation and mediation techniques , understand the structure and process of arbitration , and learn how to draft clear and enforceable ADR clauses in contracts. Throughout the program, you’ll participate in real-world case studies , role plays , and negotiation simulations that reinforce learning and prepare you for high-stakes conflict resolution. From dealing with internal workplace disagreements to managing external disputes with clients, vendors, or partners—you’ll be equipped to approach conflicts with clarity, professionalism, and confidence. Whether your goal is to reduce litigation costs , strengthen your negotiation position , or protect your organization’s interests , this course will give you the skills and insights to make it happen. JOIN US to master practical ADR techniques , minimize legal risk , and turn conflict into an opportunity for collaboration and growth.