Auditing the Procurement Function is an important assignment for auditors and compliance departments. The seminar presents: · The definition, scope, and importance of purchase to pay process,

• The core challenges of procurement process,

• The important risk areas of fraud, ethics, and external factors,

• Common risks, procedures, and internal controls at different stages of the purchase to pay process,

• Procurement tactical and strategy planning.

This training seminar looks at how world class organizations reduce costs.

Procurement is usually the largest category of administrative expenditures. This seminar offers practical advice for auditing the procurement function, and it is intended to be of relevance for all types and sizes of organizations globally-in the private sector, the not-for-profit or charitable sectors, local and national government, and international organizations.

This timely, half-day CPE training seminar is designed for the accountant or internal auditor who has to be aware of how to approach auditing and improving the purchasing function.