Municipal Internal Auditors Association

Edward Nagel, Principal of nagel + associates is pleased to be speaking on April 22, 2021 at the Municipal Internal Auditors Association’s 2021 Spring Workshop Webinar.  Edward will be speaking on the topic of:

“Procurement Fraud in Municipalities”

The procurement process provides countless opportunities for employees to collude with vendors, or vendors to collude amongst themselves, in order to extract illicit financial benefits from the organizations with whom they deal. However, when armed with the tools and skills to know what to look out for, municipalities can protect themselves to prevent/detect these kinds of schemes from occurring, thereby mitigating this risk.

Led by a seasoned forensic accountant and citing real-life cases, this engaging session will explore the profile of a typical fraudster and what drives people to cross ethical boundaries. It will consider the types of procurement fraud schemes that commonly victimize municipalities, the ‘red flags’ or indicators for internal auditors to watch out for, the role of technology in today’s business environment and recent trends & best practices in fraud prevention, detection and investigation.

The session will address the impact on fraud risks emanating from the Covid-19 pandemic, as many people have shifted from physical to remote work environments—a trend that is likely to continue in some capacity, even once Canadians are fully vaccinated.

Click here for a full agenda of the MIAA’s 2021 Spring Workshop.