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Managing Fraud Risks In Government Procurement And Contracting (OFFERED VIRTUALLY)

Date(s): Aug 17, 2020 - Aug 21, 2020
Time: 8:15AM - 12:00PM
Registration Fee: $369.00
Cancellation Date: Mar 04, 2020
Location: Online

Course Description

THIS SESSION WILL BE OFFERED VIRTUALLY. CLASS WILL BE HELD AUGUST 17, 18, 20 and 21 from 8:15 a.m. to 12:00 noon each day.

 

All governmental entities have fraud risks. But exposures in procurement and contracting top the list of what can go wrong. Among the many fraud risks that must be proactively managed is the possibility that third-party suppliers and contractors will take unfair advantage of the relationship, entice employees into questionable practices, and commit wrongful acts or outright fraud.

 

This program addresses the fraud risks inherent in government procurement and contracting, and will present solutions for auditors and managers interested in guarding their organizations against the costs and other negative consequences of misconduct and fraud. Short on theory and long on practical ideas, the program will give participants the tools and techniques they need “on the job”.

 

In this two-day version, extensive case example analysis and group discussion will highlight not only what can go wrong, but what participants can do about it in their own organizations.


Potential CPE Credits: 16.0
Govt Hours: This class meets 16.0 hours of the 24-hour requirement for governmental CPE under Government Auditing Standards (yellow book), in most cases.
Technical Hours: This class meets 16.0 CPE credits of technical training in compliance with Texas Admin. Code Rule 523.102.

Instruction Type: Live
Experience Level: INTERMEDIATE
Category: Auditing

Course Objectives

Upon completion of this course, participants will be able to:

  • Identify and react to real world examples of fraud in government procurement and contracting
  • Create and maintain an anti-fraud procurement environment
  • Utilize the advantages and avoid the disadvantages of lump sum, cost-plus, T&M, and unit pricing agreements
  • Better screen potential suppliers and contractors
  • Utilize examples of fraud in bidding and awarding contracts, subcontracts and supply orders
  • Manage fraud risks in construction contracting and billing
  • Avoid exposures in change orders and pricing
  • Make your Code of Conduct part of the deal

 

Seminar topics include:

  • Anti-fraud controls and behaviors for procurement and contracting
  • How to create and maintain and anti-fraud procurement environment
  • How to screen potential suppliers and contractors
  • Why and how to audit suppliers and contractors
  • How to implement a Vendor Assurance Program
  • Effective audit steps for procurement and contracting
  • Steps for dealing with possible collusion, bid rigging and price fixing
  • Steps for dealing with management resistance to an active procurement audit plan
  • Extensive case examples and group brainstorming

 


Instructors

John Hall

John J. Hall, CPA is the President of Hall Consulting, Inc., the creator of www.FraudPreventionPro.com, and the author of the award-winning book “Do What You Can! Simple Steps–Extraordinary Results”. He has been a business consultant, results coach, speaker and auditor for most of his 43-year career.  

Through live skills training programs, conference keynote presentations, business and personal results coaching, and business consulting engagements, John helps program participants and client team members:

 Identify and improve areas of exposure to business risk, wrongdoing, and fraud

·         Improve organizational and personal performance

·         Enhance the effectiveness of business processes and individual behavior

·         Improve interpersonal and communications skills

Speaking, training, coaching and consulting areas include:

·         Fraud Risk Management: prevention, deterrence, early detection and effective incident response 

·       Business keynote and conference presentations

·       Communication and interpersonal behavior skills programs, including:

 

o  Establishing business rapport and trust

o  Effective interviewing and listening

o  Speaking and presenting

o  Selling ideas and influencing others to take action

o  Leadership, collaboration and influence

o  Consulting skills for professionals

 

·         Intensive One-to-One and small group performance and results coaching

·         Board and senior management anti-fraud consulting

·         Audits of costs incurred in large construction projects and other contractor services

 In addition to operating his speaking, training and business consulting firm since 1990, he has worked in senior leadership positions in large corporations and international public accounting and consulting firms. 

John is a Certified Public Accountant (Pennsylvania). He is an active member of the National Speakers Association, the American Institute of CPAs, and the Institute of Internal Auditors.

 

Meet John

www.JohnHallSpeaker.com

www.FraudPreventionPro.com


Additional Information

TAC Rule 523.142(g) requires the CPE Sponsor to monitor individual attendance and assign the correct number of CPE credits. Participants will be asked to document their time of arrival and departure in compliance with this Rule. Additionally, attendance will be monitored throughout the day and CPE certificates will reflect actual attendance of each participant.