Auditing and Governance Risk and Compliance

Auditing Procurement and Contracts

Procurement and contract management account for large amounts of spend and risk. This course covers auditing the full procure-to-pay and contract life cycle: procurement planning, sourcing compliance, supplier selection, contract terms, contract performance, variations, payments and supplier master data.

5 days Classroom or live online English

Smart Horizon Certified - Global Leadership Consultants

Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

Download course PDF

Why attend

From knowledge to real-world impact.

Weak procurement and contract controls lead to overpayments and fraud. You will learn a comprehensive audit approach.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

Difficulty translating subject knowledge into practical workplace decisions.
Inconsistent approaches to the activities covered in the course outline.
Lack of a structured plan for applying and reviewing new skills.

Course methodology

How you will learn.

Audit programme development, contract review exercises, data analytics tests and case studies.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

Map procurement and contract risks
Audit compliance with procurement policies
Test supplier selection and award decisions
Review contract terms and management
Audit variations, payments and claims
Use analytics to test procurement data

Target audience

Who should attend.

This course is suitable for:

Internal auditors
Procurement compliance officers
Contract managers
Audit managers
Risk managers

Target competencies

Capabilities you will build.

Participants will develop competencies in:

Risk mapping
Compliance testing
Contract review
Payment testing
Data analytics

Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1Procurement Risks

09:00–10:08Procure-to-pay cycle
10:08–11:00Key risks
11:00–11:30Coffee break
11:30–11:45Key risks (continued)
11:45–12:53Controls
12:53–14:00Exercise

Day 2Sourcing Compliance

09:00–10:08Policies and thresholds
10:08–11:00Tender files
11:00–11:30Coffee break
11:30–11:45Tender files (continued)
11:45–12:53Award testing
12:53–14:00Workshop

Day 3Contracts

09:00–10:08Contract terms
10:08–11:00Contract management
11:00–11:30Coffee break
11:30–11:45Contract management (continued)
11:45–12:53Performance
12:53–14:00Exercise

Day 4Payments and Variations

09:00–10:08Variations and claims
10:08–11:00Invoice testing
11:00–11:30Coffee break
11:30–11:45Invoice testing (continued)
11:45–12:53Supplier master data
12:53–14:00Case study

Day 5Analytics and Reporting

09:00–10:08Data tests
10:08–11:00Findings
11:00–11:30Coffee break
11:30–11:45Findings (continued)
11:45–12:53Recommendations
12:53–14:00Action plan

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon certificate of attendance. Smart Horizon programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

Keep exploring

Your next horizon awaits.

All courses

The full course agenda and dates are available above. Use the session links in Dates & venues to choose a session. Registration and quotation forms require JavaScript; you can also contact our learning team directly.