Enabling an organization to detect and prevent fraud

Fraud detection and prevention

Due to ever growing requirements of Health Care industry and resulting increase in procurement activity, contract management and the outsourcing of goods and services has created heightened risk of procurement fraud, which can occur at any stage of the contracting and procurement process. Adequate controls, fraud prevention strategies and proper bidding processes and fraud control conferences are necessary in the fight against this fraud. This case study based course will teach the best practices for preventing & detecting contract and procurement fraud with specific emphasis on Health care fraud scenarios.

The most common fraud scenarios are collusion among bidders, between employers and contractors, and by sole procurement employees. This necessitates that we proactively acquire the knowledge, skills and techniques we need to prevent, detect and deter these devastating frauds.

fraud conferences

The Problem

What are the key challenges for an executive working in any department with reference to detection and prevention of fraud? Is it responsibility of internal audit only to detect fraud? or should the executives work in an environment that encourages every one to be responsible for detection and prevention of fraud?

The Solution

Thorough four sessions of fraud conferences , executives were trained on developing a skill set for prevention and detection of fraud. The sessions were as follows:

Session 1: Understanding dynamics of fraud

Session 2: Fraud Prevention & Detection on the organizational level

Session 3: Supply chain and procurement fraud; identification & detection

Session 4: Supply chain and procurement fraud; Prevention

customer say

What our clients say?

“This training provided us various types of activities that gives us deep understanding of Team Building, they taught us that we should concentrate together to achieve a particular goal within a team.”
For video testimonial, please visit: https://www.facebook.com/finmanglobalgroup/videos/319002992270093/

Wang Jiayi
China Three Gorges (Personal development; Team building workshop)

“The training programme was designed well. We used to attend the trainings those were like classroom lectures, but it was full of activities where we can reflect back from the activities. Thoroughly enjoyed.”
For video testimonial, please visit: https://www.facebook.com/finmanglobalgroup/videos/2354208944593428/

Noman Sohail
China Three Gorges (Personal development; Team building workshop)

“I really enjoyed the training. I have learnt how to communicate better, how to cooperate with the colleagues, how to work better and how to become a better person. So, I have learn a lot from this training.”
For video testimonial, please visit: https://www.facebook.com/finmanglobalgroup/videos/1939851272731346/

Yunxuan Li