Auditing the Procurement Function, 2nd Edition


This book offers practical advice for auditing the procurement function and provides a summary of the fundamental internal controls that one would expect to see in a well-managed organization.

There have been significant developments and changes in the approach to procurement since the first edition was published. You will learn about:


  •          Definitions of procurement
  •          Core economic challenges
  •          Procurement fraud
  •          Ethical and socioeconomic issues
  •          Internal controls and the “Three Lines of Defense”
  •          Identification of potential vendors