Purchases fraud

Fraud is a phenomenon that severely and increasingly affects public and private organizations. Specifically, the procurement process is extremely vulnerable to corruption, which is also the most difficult fraud to detect and prove. This is due to its "off-the-books" nature, in which spurious dealings are only indirectly reflected in the organization's accounting (e.g., through markups).

In this activity, we will analyze in detail what are the elements that lead to incentivize or discourage fraud in procurement and contracting processes, as well as identify the vulnerabilities that occur in the process, the signs of fraudulent action and the best practices for conducting investigations into fraud committed in the Procurement and Contracting process.

We will also provide appropriate tools and methodologies for the prevention, deterrence and detection of fraud in the Procurement and Contracting process in an orderly and systematic manner, and through the interdisciplinary action of professionals from different disciplines.

The course provides with effective approaches to effectively determine whether a fraud has occurred, and, in this case, to efficiently clarify authors, responsible individuals and operational schemes

In short: we will provide an adequate framework for the mitigation of fraud in the procurement and contracting process, as well as for improvements in the transparency and efficiency of management.