Analyzing Corporate Fraud in Procurement Activities in Public Sector Organzisation

Research Paper (postgraduate) , 2014 , 37 Pages , Grade: B

Business economics - Miscellaneous

The existence of corporate fraud is an undeniable fact of business life, affecting businesses large and small. New technologies such as the internet, and the development of fully automated accounting systems have been increased this opportunities for fraud to be committed.
This research is designed to give readers a broad overview of fraud prevention, investigation and detection techniques. This technique when well implemented should provide any organization with an effective means of dealing with procurement fraud.

Inhaltsverzeichnis

ABSTRACT

Key Word: Analyzing Corporate Fraud in Procurement Activities in Public Sector Organization
1.0 Introduction
1.1 Background of the Study
1.2 Statement of the Problem
1.3 Hypothesis
1.4 Objective of the Study
1.5 Research Question
1.6 Significance of the Study
1.7 Scope of the Study
1.8 Limitation
1.9 Operational Definitions

LITERATURE REVIEW
2.0 Definition of Fraud
2.1 Common Areas of Fraud
2.2 Fraud Investigation — an Effective Response Plan
2.3 Fraud Prevention Process
2.3.1 Invoice and Payment
2.3.2 Payment Controls
2.3.3 Sales and Inventory Controls
2.3.4 Pre-Employment Screening
2.4 Pro-Active Fraud Detection
2.4.1 Collusion between Suppliers and top organizational/procurement officers
2.4.2 Suppliers Fitting Known Fraud Profiles
2.4.3 Questionable Transactions and Payments
2.5 Computer Based Evidence Recovery
2.5.1 The Forensic Image Process
2.5.2 Data Analysis
2.6 Definition of Procurement
2.7 Objectives of Procurement
2.8 The Role of Procurement in a Public Sector Organisation
2.9 The Procurement Circle
2.9.1 Originating
2.9.2 Selecting
2.9.3 Enquiry Procedures
2.9.4 Ordering
2.9.5 Completion

RESEARCH METHODOLOGY
3.0 Introduction
3.1 Research Methodology
3.2 Study Area
3.3 Research Design
3.4 Target Population
3.5 Sample Size and Sampling
3.6 Research Instruments
3.7 Date Collection
3.7.1 Questionnaire
3.7.2 Survey research
3.7.3 Interviews and Conversations
3.7.4 Sampling plan
3.8 Data Analysis
3.9 Limitation

DATA PRESENTATION & ANALYSIS
4.0 Introduction
4.1 Presentation and Analysis of Data
4.2 What Is Your Level Of Education?
4.3 What Is Your Grade In Your Organisation?
4.4 Do You Have a Procurement Department?
4.5 Qualification of Procurement Manager
4.6 Relationship of Procurement and Other Functional Units?
4.7 What Do You Think Of The Public Procurement Act, 2003 (Act 663)?
4.8 Do Officers Have The Requisite Competence Required To Prepare Standard Tender Documents?
4.9 Do You Have a Copy of The Following Legal Documents?
4.10 How Conversant Are You With The Procurement Act?
4.11 Does Your Entity Have Staff For The Preparation Of Tender Documents?
4.12 What Procurement System to Operate?
4.13 What Types Of Items Does The Procurement Department Purchase?
4.14 Which Procurement Method Does the Organization Normally Use?
4.15 Has There Been Any Corrupt Practices In The Procurement Activities
4.16 What Causes Corporate Fraud in Procurement Activities
4.17 Does the Management Have Measures to Check Fraud In the Organization
4.18 Can The Fraud Be Eliminate Completely In This Organization
4.19 What Solution Would You Suggest To Improve The Act?
4.20 Does Your Company Buys From Overseas?
4.21 How Is Payment for Procured Items Done
4.22 Has There Been An Occasion For Extension Of Deadline For Tender Submission?
4.23 Does Your Entity Conduct Public Tender Opening For Open Competitive Tendering?
4.24 Has There Been An Occasion For Extension Of Deadline For Tender Submission?
4.25 Researcher Conclusive Analysis One (1)
4.26. Researcher Conclusive Analysis Two (2)
4.27. Researcher Conclusive Analysis Three (3)

SUMMARY, CONCLUTION AND RECOMMENDATION
5.0 Summary of Research Findings
5.1 Conclusion
5.2 Recommendation

References

• College: ( Atlantic International University ) (School of Business and Economics)
• Course: Ph.D. Economics
• Grade: B
• Author: Dr. David Ackah (Author)
• Publication Year: 2014
• Pages: 37
• Catalog Number: V284719
• ISBN (eBook): 9783656849933
• ISBN (Book): 9783656849940
• Language: English
• Tags: analyzing, corporate, fraud, procurement, activities, public, sector, organzisation