PROCUREMENT AUDIT FOR 2017

FEBRUARY 2017, TRAINING PROCUREMENT AUDIT

COURSE OVERVIEW Procurement plays a critical role in every organization’s (private or public) ability to meet its goals and objectives, yet it also constitutes a high-risk function. Procurement constitutes a significant proportion of gross national product and overall expenditure in all countries. It is central to the efficient delivery of services as well as infrastructure and has been identified as “sine qua non” for good governance. The procurement of projects (goods, works and services) is a function which involves series of processes, hence prone to abuse. This course has been packaged to enhance the capacity of participants in assessing procurement operations for regularity i.e. compliance with the Public Procurement Act 2012 and in verifying achievement of “value for money”. It will also enable them to assess the risks inherent in the procurement function, the strategic alliances that are often made, the information systems used, the management processes it affects and the bidding, contractor/consultant selection and contracting processes.

TRAINING OBJECTIVES Specifically, by the end of the course, participants will be able to • Detect and avoid the risks in every stage of the procurement processes. • Ensure that procurement officers complies with legal requirements of competition; Thereby preventing lawsuits from tenderers • Understand the roles of BPP and the anti-graft agencies in Procurement Management. • Determine achievement of “value for money” in Procurement operations. • Prevent and detect the risk of Fraud and corruption in the procurement processes. • Analyse organizational context, systems and procedures for: a. Segregation of functions, internal procurement planning and approval processes b. Assessment of risk at each step of the procurement process including those related to the choice of contract type and supervision of contract performance.

COURSE CONTENT/MODULES Module 1: Introduction to Procurement Audit and Types of Procurement Audit Module 2: Identification of Risk Areas in Procurement of Goods, Works & Services Module 3: Principles for Best Procurement Audit Arrangement Module 4: Development of the Audit objectives and Audit Plan Module 5: Checklist for Field Procurement Audit Module 6: Procurement Audit: Roles of BPP, ICPC and EFCC Module 7: Practical Class/Case Review Module 8: Assessment Test Module9: Group Photographs/Award of Certificates TARGET PARTICIPANT Officers in Procurement, Finance/Accounts, Audit, Administration and Project Departments

Date: February 13 - 14, 2017 Course Fee: N84, 000.00 per participant. Group discount applicable. Time: 9.00am – 5.00pm daily Venue: DACA Training Centre, NIS Building, ASSBIFI Road, Alausa, Lagos.

How to Register 1. Register for the course by paying into any of the following accounts on or before BANK DETAILS ACCT NAME: DACA Consults Limited ACCT NUMBER: ACCESS - 0692804007 2. Send your Name, organization and scanned copy of your teller to dacaconsult@yahoo.com

For more info: Call: 08052774289, 08051034040 Email: dacaconsults@gmail.com, dacaconsult@yahoo.com Address: Nigerian Institution of Surveyors Building, Opposite Elephant Cement House, (4th Floor – Left Wing), ASSBIFI Road, Central Business District, Alausa, P.O. Box 5538, Ikeja, Lagos State.