ONLINE SELF-STUDY

Contract and Procurement Fraud

Image for Online Self Study Course, Contract and Procurement Fraud
Course Level
Overview
Delivered via
Online
CPE
6 Credits

Description

Most businesses would not exist without reliable outside suppliers. But a few dishonest vendors, contractors or purchasers can cost a company or government agency serious money. This course explores the contracting process from the perspective of fraud. 

Key Takeaways:  

  • Differences between public and private procurement 
  • Red flags associated with bribery and corruption schemes 
  • How to uncover procurement fraud schemes 
  • How outside contractors can contribute to exploiting contracts and procurement processes 
  • How to perform fraud risk assessments 

Prerequisites

None

You Will Learn How To:

Relate basic aspects of the processes organizations use to contract for goods and services

Identify the essential components of an enforceable contract and distinguish between the types of contracts used to purchase goods or services

Distinguish between public and private procurement

Identify common civil, criminal and administrative actions for procurement fraud

Relate key information about the different types of bribery and corruption schemes, and identify red flags and risk factors of such schemes

Recognize the characteristics and common forms of procurement fraud schemes involving collusion among third-party contractors

Identify the ways in which procurement employees can collude with outside contractors to exploit contract and procurement processes for fraudulent purposes

Identify the ways in which perpetrators can commit fraud using procurement methods that do not provide for full and open competition

Recognize the characteristics and common forms of procurement fraud schemes that occur while contracting parties fulfill their contractual obligations

Ascertain the technical knowledge required to develop and perform fraud risk assessments

Determine the appropriate measures to detect and prevent the different types of fraud schemes that target procurement processes

Determine the appropriate measures to take in investigative efforts to uncover procurement fraud schemes

Table of Contents

Lesson 1 The Basics of the Contract and Procurement Process
Lesson 2 Contracts in the Procurement Process
Lesson 3 Public Versus Private Procurement
Lesson 4 Criminal Actions in Contract and Procurement Fraud
Lesson 5 Civil and Administrative Actions
Lesson 6 Bribery and Corruption
Lesson 7 Third-Party Fraud in Contract and Procurement
Lesson 8 Collusion Between Employees and Third Parties
Lesson 9 Anti-Competitive Practices
Lesson 10 Performance Schemes
Lesson 11 Fraud Risk Management for Contract and Procurement Fraud
Lesson 12 Detection and Prevention Programs
Lesson 13 Investigating Contract and Procurement Fraud

CPE Information

CPE Credit: 6
NASBA Information: Specialized Knowledge
Advanced Preparation: None
Last Updated: March 2021
Delivery Method: QAS Self-Study

Policies

CPE Credit

Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.

ACFE Online Self-Study Courses

Features:

  • 24/7 access to courses through your Internet browser
  • Save time and quickly earn CPE credits with instant access, grading and printable certificate
  • The flexibility to start or stop a course and pick-up right where you left off
  • No additional shipping fees

Learn More about accessing your online self-study course

Learn More about online self-study courses and their features

System Requirements:

  • Internet access: High-speed connection recommended
  • Speakers required for video sound

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/

 

Ordering and Returns

Satisfaction Guarantee

If you are not 100% satisfied with any ACFE product, you may return it to us, provided it is in excellent condition, for a full refund of the item minus the cost of shipping. Toolkits and bundles may only be returned as a complete set.

Ordering & Returns Policy