Procurement Auditing Training in Dubai

Procurement Auditing Training in Dubai is such a piece of knowledge which will enable organizations reduce costs, check and eliminate fraud, enhance performance on long term for the supply chain process in whole.

Procurement auditing is the process of evaluating the procurement process of an organization to ensure that it is compliant with applicable laws and regulations, and that it is achieving value for money.

Internal controls for procurement audit are the policies and procedures that an organization puts in place to ensure that its procurement process is effective and efficient. These controls help to prevent fraud, waste, and abuse, and they also help to ensure that the organization is getting the best value for its money.

The Procurement Auditing Training cover the following main topics:

The principles of procurement auditing
The different types of procurement audits
The procurement process
Procurement laws and regulations
Value for money
Fraud prevention
Auditing techniques
Report writing

If you are interested in becoming a procurement auditor, or if you want to improve your skills in procurement auditing, I recommend taking this training. Here are some additional tips for choosing a procurement auditing training course:

Make sure the course is accredited by a reputable organization.
Consider the format of the course (online, in person, or blended).
Read reviews of the course before you enroll.
Make sure the course meets your specific needs and interests.

Target Audience

Risk Management & Finance
Supply Chain Management
Logistics
Procurement
Manufacturing
Operations &
Distribution

Introduction

What is procurement auditing?
Difference between Procurement Auditing and other audits
Benefits of procurement auditing

Module 1: Procurement Risks

5 pillars of procurement
Buying methods
Pre-qualification
Tenders
Risk dimension
Procurement risks
Risk register

Module 2: The need for a procurement audit

Types of audit
Definitions
Objectives and scope
Who should go for a procurement audit?

Module 3: Internal control environment

Segregation of duties
Limit of authority
Policies & procedures
Independence
Whistle blowing

Module 4: Internal control models

Some of the key internal controls for procurement audit include:

Written policies and procedures
Separation of duties
Proper documentation
Conduct regular audits of its procurement process
Involve all stakeholders
Train staff on the controls
Review the controls regularly

By implementing strong internal controls for procurement audit, organizations can help to protect themselves from fraud, waste, and abuse. They can also ensure that they are getting the best value for their money.