myCPE
myCPE

Procurement Fraud 1 Credit

Feb 15, 2024, 04:00 PM ET

Procurement Fraud 1 Credit

  • Dave Oswald

    CPA, CA, CFE, CFI,
  • Rating

    4.3
  • Reviewed on

    January, 2024
  • Subject Area

    Auditing

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Feb 15, 2024, 04:00 PM ET

Learning Objective

  • To identify how is procurement fraud perpetrated.
  • To inspect how you identify fraud within procurement.
  • To determine if a procurement scheme violates legal statutes or civil laws.
  • To identify the red flags of bribery and corruption.
  • To recognize bid-rigging and market-allocation schemes.
  • To reduce the risk of vendor fraud.
  • To develop an investigation plan to respond to suspected procurement fraud.

Course Overview

Procurement fraud occurs when there is deliberate deception within the procedure-to-pay process that results in some type of financial gain or loss. In a typical scenario, companies lose when a vendor is awarded business at an above-market scale and then the employee that granted the contract receives a kickback of some kind. It could be cash, gifts, or something else.

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 for the fight against this fraud.

You must be aware of the vulnerabilities and risks associated with fraud schemes that attack the purchasing, procurement, and contract functions. Acquire the knowledge, skills, and techniques you need to prevent, detect, and deter these devastating frauds.

Major topics discussed in this CPE Audit Webinar:

  • The Procurement Process
  • Fraud vulnerabilities within the process
  • Fraud considerations in the procurement process
  • Areas at risk of procurement fraud
  • The Fraud Triangle
  • Procurement Red Flags

In this Fraud CPE Webinar, we will examine procurement fraud through actual case studies, to show how the frauds developed, how they were found, and what the consequences were for the company. 

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

Enter your qualification details to ensure this course is counted toward your compliance.

Add your qualification details to easily track your compliance. You can also add multiple qualifications for comprehensive coverage.

Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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.

About Instructor

Dave Oswald
Dave Oswald , CPA, CA, CFE, CFI,

Owner, Forensic Restitution

  • 4.4
  • rating
  • rating
  • rating
  • rating
  • rating

Dave Oswald CPA, CA, CFE, CFI, the owner of Forensic Restitution, is a Chartered Accountant with a passion for exposing fraud or error.

His global, multi-national experience spans more than two decades, during which he successfully led investigations into high-level C-Suite executive cases. Dave has extensive experience in data preservation and review, computer forensics, data analytics, and fraud investigations. Dave has testified as an expert witness in Federal Court in the United States of America, interviewed numerous suspects and witnesses, and provided testimony in internal disciplinary proceedings. Dave is a current member of the Association of Certified Forensic Investigators' board of directors.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

rating rating rating rating rating
1,824 ratings

Excellent

Very Good

Average

Poor

Terrible

AF

Ariel Figdor, CPA (US)

great stories

MR

Melissa Rauwerdink, CPA (US)

Great

Recommended Courses

Running Reports in QBO to Analyze Growth

Dec 20, 09:00 AM ET

  • CPA (US)
  • IA LPA
  • ME LPA
  • DE LPA
The Great Fraud Shift: Navigating New Perspectives in 2025!

Dec 20, 09:30 AM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Complying with the New Expected Credit Loss Model

Dec 20, 12:30 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Sarbanes-Oxley (SOX) 20 Years Later - Evaluating Fraud Risk

Dec 20, 03:00 PM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGAP
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Introduction to Cannabis Accounting

Dec 20, 04:00 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Comprehensive Identity Theft - 2024 Update

Dec 23, 09:00 AM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Add qualification to
view credit details

This course is included with,

Individual Subscription

Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:

  • 13,000+ Hours of NASBA-Approved Content
  • 500+ Emerging Subject Areas
  • 50+ State- Specific Ethics Courses
  • 100+ Conferences with Access to Industry Events
  • 250+ FastTrack Compliance Packages

    Pre-selected courses for quick compliance

  • Exclusive Mobile App Access
  • Access to Professional Communities

    Connect with like-minded professionals on Teams.

Trusted by 250,000+ Professionals

trust pilot review google review
Unlimited Access

Ready to Get Started?

Sign up today and begin your learning journey immediately!

card
stripe
$299$199 For 12 Months
Subscribed
Marcel purchased a subscription.
Subscribed
Nicholas purchased a subscription.
Subscribed
Trip purchased a subscription.
Subscribed
Noel purchased a subscription.
Subscribed
Elaine purchased a subscription.
Subscribed
Katherine purchased a subscription.
Subscribed
Laura purchased a subscription.
Subscribed
Sherry purchased a subscription.
Subscribed
Christina purchased a subscription.
Subscribed
Bobby purchased a subscription.
Subscribed
Kelli purchased a subscription.
Subscribed
Mark purchased a subscription.
Subscribed
Scott purchased a subscription.
Subscribed
James purchased a subscription.
Subscribed
Matthew purchased a subscription.
Subscribed
Mason purchased a subscription.
Subscribed
Lana purchased a subscription.
Subscribed
Emily purchased a subscription.
Subscribed
Jaykishan purchased a subscription.
Subscribed
Maria purchased a subscription.
Subscribed
MICHAEL S MCKECHNIE purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Lisa purchased a subscription.
Subscribed
Silvia purchased a subscription.
Subscribed
Samantha purchased a subscription.
Subscribed
Meghana purchased a subscription.
Subscribed
Michelle purchased a subscription.
Subscribed
Danny purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Daniel purchased a subscription.
Subscribed
Joyce D purchased a subscription.
Subscribed
Keith purchased a subscription.
Subscribed
Susana purchased a subscription.
Subscribed
Alan purchased a subscription.
Subscribed
LInda purchased a subscription.
Subscribed
Amy purchased a subscription.
Subscribed
Andrew purchased a subscription.
Subscribed
Rachael purchased a subscription.
Subscribed
Rebecca purchased a subscription.
Subscribed
Leslie purchased a subscription.
Subscribed
Macario purchased a subscription.
Subscribed
Daniel purchased a subscription.
Subscribed
Clive purchased a subscription.
Subscribed
Luvina purchased a subscription.
Subscribed
Sharoon purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Veronica purchased a subscription.
Subscribed
Viral purchased a subscription.
Subscribed
MArtha purchased a subscription.
Subscribed
Seid purchased a subscription.
Subscribed
Devon purchased a subscription.
Subscribed
Malinda purchased a subscription.
Subscribed
hemanta purchased a subscription.
Subscribed
Amber purchased a subscription.
Subscribed
Marva purchased a subscription.
Subscribed
Shuyue purchased a subscription.
Subscribed
Summer purchased a subscription.
Subscribed
Carmen purchased a subscription.
Subscribed
Christen purchased a subscription.
Subscribed
Timothy purchased a subscription.
Subscribed
Jeffrey purchased a subscription.
Subscribed
Joseph purchased a subscription.
Subscribed
Eric purchased a subscription.
Subscribed
Mary purchased a subscription.
Subscribed
Austin purchased a subscription.
Subscribed
Andrea purchased a subscription.
Subscribed
Vladislav purchased a subscription.
Subscribed
Vincent purchased a subscription.
Subscribed
Stephani purchased a subscription.
Subscribed
Scott purchased a subscription.
Subscribed
Fred purchased a subscription.
Subscribed
George Robert Grant purchased a subscription.
Subscribed
Kelsey purchased a subscription.
Subscribed
Travis purchased a subscription.
Subscribed
Nancy purchased a subscription.
Subscribed
Kara purchased a subscription.
Subscribed
Nayef purchased a subscription.
Subscribed
Christopher purchased a subscription.
Subscribed
Sweta purchased a subscription.
Subscribed
Katie purchased a subscription.
Subscribed
Annette purchased a subscription.
Subscribed
Brian purchased a subscription.
Subscribed
Jonathan purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
Charricka purchased a subscription.
Subscribed
Rita purchased a subscription.
Subscribed
Nabeel purchased a subscription.
Subscribed
Madhur purchased a subscription.
Subscribed
Udhaya purchased a subscription.
Subscribed
Linda purchased a subscription.
Subscribed
Alex purchased a subscription.
Subscribed
Rodney purchased a subscription.
Subscribed
Brandon purchased a subscription.
Subscribed
Marquita purchased a subscription.
Subscribed
Everton purchased a subscription.
Subscribed
Barbara purchased a subscription.
Subscribed
Laura purchased a subscription.
Subscribed
Karen Carney purchased a subscription.
Subscribed
Hanan purchased a subscription.
Subscribed
Hannalie purchased a subscription.