13Track A

Bribes, Kickbacks and Fraud Investigations

• 08/29/2024
• 08:00 a.m. - 05:00 p.m.
• 8 hours

Course Description

The potential for bribes and kickbacks, whether in the private or public sector, is inherent in virtually every business transaction. Recent research conducted by a major financial institution revealed that an estimated one trillion dollars a year is paid in bribes worldwide. Bribes, kickbacks and other kinds of payoffs constitute types of fraud, often referred to as corruption. 

Get a strong introduction to (a) the provisions of law pertaining to fraud and corruption in the forms of bribes, kickbacks and other types of payoffs; (b) activities that are particularly susceptible to such forms of fraud; (c) the short-and long-term impact; and (d) the methods used to make illegal payments. Focus on strengthening your ability to recognize the indicators of bribes, kickbacks and other types of payoffs in the procurement area and on your ability to collect evidence that they may have occurred or have occurred. Participate in case studies involving the fraudulent activities of bribes, kickbacks and other types of payoffs.

What You Will Learn

 Learning Outcomes:

• Describe the kinds of activities that are susceptible to bribes and kickbacks
• Determine the impact and effects pf bribes and kickbacks
• Discuss the Government Auditing Standards requirements to explicitly consider the potential for fraud in audit planning
• Describe how bribes and kickbacks occur, including the audit trails they create and how the trails can be followed
• Identify and collect evidence to demonstrate and document bribes and kickbacks

Who Should Attend?

APIPA conference sessions are intended for island government accountability professionals.  Audit, budget, finance, accounting, and related management and staff members will find interest and value in this presentation.

Instructors