THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
Theme: Forensic Audit – Dealing with Contract and Procurement Fraud
Date: 28th July 2020
Time: 16:00 – 17:00 Hours
Contract and procurement fraud are proving to be among the most rampant in Kenya, with many public and private sector organizations attributing major losses to these schemes. The first step to deterring procurement and contract fraud is identifying risks to enable setting up measures to combat it. The unprecedented Covid-19 pandemic coupled with numerous leaps made in technology and its use in organizational processes present new loopholes that fraudsters can use to perpetrate fraud.
Unfortunately, contract and procurement fraud are often difficult to detect and complex to investigate. This is because contract and procurement fraud take on various forms which are possible at different stages of organizational processes. They also tend to happen over long stretches of time, further making detection difficult. These schemes include bribery and corruption, bid rigging, billing fraud and performance delivery fraud.
This session will endeavor to equip delegates with knowledge on:
- Different types of contract and procurement fraud
- Legal elements involved
- Proactive detection and prevention measures
- Investigating and combatting fraud
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 1 CPD Units upon successfully completion of the Webinar.
The Webinar charges are Kshs. 1,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 733 856 262/ 727 531006 or via email to email@example.com.
We encourage members to regularly visit our website https://www.icpak.com/event-registration/ for updates.