Procurement fraud is constantly in the focus of the media, with official reports indicating its adverse impact on a company’s financial statements and reputation. Country-by-country statistics have served as red flags for years, calling for the enforcement of robust anti-fraud measures.
DevelopmentAid will address this issue during an online webinar when the guest speaker, Stephen Tosh, company director of the risk advisory and consultancy Global Risk Alliance, will focus on the importance of recognizing procurement fraud and the corruption risks that can impact upon an organization.
Stephen, who is also the author of the book, Procurement Fraud and Corruption: How to identify and mitigate procurement fraud and corruption risk, will expand upon the types of procurement fraud, and identify the weak chains within companies that could pave the way for this and increase the risk of financial crimes being committed.
If you want to find out more about the roles and the people who could manipulate the procurement process, the compliance measures that your company needs to put in place to mitigate financial crime risks, ways to build an anti-corruption culture to protect revenues and the reputation of your company, as well as to develop a plan to manage, eliminate, or limit corruption as much as possible, then this webinar is definitely for you.
Invitation to a Webinar
DevelopmentAid, in collaboration with Stephen Tosh, invites you to attend the online webinar, How to Identify and Mitigate Procurement Fraud and Corruption Risk, featuring top tips from Stephen, which will take place on 29 June 2023 at 3 pm (Brussels)/9 am (Washington DC).
Key takeaways
- Procurement fraud and corruption risks
- Risk mitigation
- The 4-pillar framework approach to counter procurement fraud
Speaker
Stephen Tosh, Company Director at Global Risk Alliance Ltd and the author of Procurement Fraud and Corruption: How to identify and mitigate procurement fraud and corruption risk, is a qualified anti-corruption practitioner with knowledge of international criminal law and anti-corruption legal frameworks, with experience in both the public and private sectors.
Host
Elizaveta Gładun, External Relations & Events Coordinator at DevelopmentAid.
