Procurement Audits and Systems for the Prevention and Detection of Fraud and Corruption

This course aims to improve the effectiveness of the procurement audit and supervision functions in national and IFI procurement operations. It explores the full spectrum of procurement audit competencies: i) understanding the organizational mandate and context; ii) setting audit/supervision objectives; iii) preparing audit plans and establishing evidence requirements; iv) audit execution involving verification of compliance and value for money (VFM) on a selected sample of representative contracts; v) audit observations and findings; vi) discussion with the audited entity; vii) audit/supervision reporting and follow-up on audit recommendations. It also presents the key provisions of international treaties on combating corruption (the UN Convention Against Corruption and the OECD Convention on Combating Bribery of Foreign Public Officials).