Course Detail(FFA2510v : Safeguarding Public Resources: Insights into Accountability and Fraud Risks from the AGO FY2024/2025 Report)

FFA2510v : Safeguarding Public Resources: Insights into Accountability and Fraud Risks from the AGO FY2024/2025 Report NEW

1.00 CPE Hours (Others)
Live Webinar
In Collaboration with:  

The Report of the Auditor-General for FY2024/2025, released on 6 September 2025, highlights key risks and lapses in public resource management. While the report focuses on public agencies, the findings carry broader lessons on governance, accountability, and fraud prevention that are equally relevant to the private sector.

Join this 1-hour webinar for a concise overview of selected findings and practical takeaways. 

Through this session, participants will:

  • Gain a snapshot of AGO’s role and audit approach.
  • Hear highlights of recurring lapses in procurement, grants administration, and contract management.
  • Understand red flags that may indicate potential fraud or irregularities.
  • Pick up practical takeaways to strengthen accountability and governance in your agencies.

Programme Outline

1. Understanding AGO and Key Audit Findings

  • Overview of AGO's mission and audit approach
  •    - Understand the AGO's authority, mission, and how it conducts audits to enhance public accountability.
  •  
  • Critical Audit Observations from the FY24/25 Report, including:
    1. Lapses in contract management and procurement (e.g. lack of market price review, awarding contracts to higher-priced bidders without justification)
    2. Weaknesses in grant administration (e.g. inadequate eligibility checks, lack of conflict-of-interest declarations).
    3. Thematic audit insights on R&D grants (e.g. lack of independence in progress report endorsements, potential conflicts of interest in payment processing)

2. Fraud Risks, Recurring Lapses, and Strengthening Governance

  • Red flags of potential fraud
    • Discover cases of possible irregularities in records furnished for audit that led to police reports. The AGO takes a very serious view of such actions that compromise audit integrity.
  • Recurring lapses & systemic considerations across AGO reports
    • Understand consistent concerns across AGO reports over the years, such as procurement, grant administration, IT controls, and irregular audit records.
  • Strengthening Public Financial Governance
    • Key takeaways on safeguarding public resources and reinforcing that accountability cannot be outsourced.​​​​​​


    Training Methodology*

    Lecture style, with Exercises/Case Studies


    Closing Date for Registration*

    1 week before the webinar or when the session is fully subscribed.

    Intended For

    • Public officers working in finance, procurement, internal audit, compliance, and grant administration.
    • Anyone who are keen to strengthen internal controls, mitigate fraud risks, and apply good governance practices by drawing lessons from the audit findings.

    Competency Mapping

    Others = 1.00 Hours

    Schedule & Fees

    Date & Time

    17 Oct 2025 (12:00 PM - 1:00 PM)

    Limited Seats

    Fee (inclusive of GST)


    SGD pricing -

    For Members: $ 0.00
    For Non-Members: $ 0.00


    Programme Facilitator(s)

    Chen Shian Jan
    Yoong Ee Chuan

    Venue

    Live Webinar in or outside of
    Singapore

    Testimonial

    Funding

    No funding Available!

    Programme Facilitator(s)


    Chen Shian Jan 
    CA Singapore


    Shian Jan started his career with the Accountant-General’s Department (AGD) and was later posted to the Ministry of Finance (MOF) headquarters. He was extensively involved in various aspects of Public Financial Management during his service in the Singapore public sector. This included the administration of Government’s central accounting system, preparation of the annual Government financial statements, budgetary allocation for several ministries, and formulation of public service-wide policies, such as the Instruction Manuals on financial management and government procurement, protection of Singapore’s reserves, Budgeting for Results, and Managing for Excellence.

    As a trainer specializing in public governance, he has shared his experience with both Singapore participants and delegates from ASEAN, China, and other Asian and Commonwealth countries.  His training assignments have brought him to places that include Brunei, Cambodia, China, Laos, Myanmar, Pakistan and Vietnam.  Effectively bilingual, Shian Jan has also delivered many lectures and seminars in Mandarin to public officials of the Chinese government.

    Shian Jan graduated from the National University of Singapore and is currently a non-practising Chartered Accountant (CA) of Singapore. He also holds an Advanced Certificate in Training and Assessment (Facilitated Learning) by Singapore Workforce Skills Qualifications (WSQ) System. He is currently pursuing the WSQ Diploma in Adult and Continuing Education (DACE). Shian Jan was awarded the Commendation Medal (Pingat Kepujian), 1999 National Award. Furthermore, as an associate trainer, he received the Trainer Excellence Award 2013 from the Civil Service College.
     

    Yoong Ee Chuan
    President, ACFE Singapore Chapter 
    FCA (Singapore), CISA, CISM, CIA, CFE, ISCA (FFP), ASEAN CPA
     
    Ee Chuan has spent 29 years driving fraud risk management and awareness, internal audit and IT Security, Governance and Cybersecurity with deep exposure to non-profit board roles spanning Audit Committee Chairman, Treasurer and Board Member.

    Former Head of Internal Audit driving internal audits covering operational, compliance and IT domains in the public sector. Leading data analytics and forensic investigations whilst supporting CET training in procurement audits, fraud risk management and internal controls.

    He is a Fellow Chartered Accountant (Singapore), Certified Information Systems Auditor, and Certified Information Security Manager, Certified Internal Auditor, Certified Fraud Examiner, ISCA Financial Forensic Professional and ASEAN CPA.

    The Report of the Auditor-General for FY2024/2025, released on 6 September 2025, highlights key risks and lapses in public resource management. While the report focuses on public agencies, the findings carry broader lessons on governance, accountability, and fraud prevention that are equally relevant to the private sector.

    Join this 1-hour webinar for a concise overview of selected findings and practical takeaways. 

    Through this session, participants will:

    • Gain a snapshot of AGO’s role and audit approach.
    • Hear highlights of recurring lapses in procurement, grants administration, and contract management.
    • Understand red flags that may indicate potential fraud or irregularities.
    • Pick up practical takeaways to strengthen accountability and governance in your agencies.

    Programme Outline

    1. Understanding AGO and Key Audit Findings

    • Overview of AGO's mission and audit approach
    •    - Understand the AGO's authority, mission, and how it conducts audits to enhance public accountability.
    •  
    • Critical Audit Observations from the FY24/25 Report, including:
      1. Lapses in contract management and procurement (e.g. lack of market price review, awarding contracts to higher-priced bidders without justification)
      2. Weaknesses in grant administration (e.g. inadequate eligibility checks, lack of conflict-of-interest declarations).
      3. Thematic audit insights on R&D grants (e.g. lack of independence in progress report endorsements, potential conflicts of interest in payment processing)

    2. Fraud Risks, Recurring Lapses, and Strengthening Governance

    • Red flags of potential fraud
      • Discover cases of possible irregularities in records furnished for audit that led to police reports. The AGO takes a very serious view of such actions that compromise audit integrity.
    • Recurring lapses & systemic considerations across AGO reports
      • Understand consistent concerns across AGO reports over the years, such as procurement, grant administration, IT controls, and irregular audit records.
    • Strengthening Public Financial Governance
      • Key takeaways on safeguarding public resources and reinforcing that accountability cannot be outsourced.​​​​​​


      Training Methodology*

      Lecture style, with Exercises/Case Studies


      Closing Date for Registration*

      1 week before the webinar or when the session is fully subscribed.

      Intended For

      • Public officers working in finance, procurement, internal audit, compliance, and grant administration.
      • Anyone who are keen to strengthen internal controls, mitigate fraud risks, and apply good governance practices by drawing lessons from the audit findings.

      Competency Mapping

      Others = 1.00 Hours

      Programme Facilitator(s)

      Chen Shian Jan 
      CA Singapore


      Shian Jan started his career with the Accountant-General’s Department (AGD) and was later posted to the Ministry of Finance (MOF) headquarters. He was extensively involved in various aspects of Public Financial Management during his service in the Singapore public sector. This included the administration of Government’s central accounting system, preparation of the annual Government financial statements, budgetary allocation for several ministries, and formulation of public service-wide policies, such as the Instruction Manuals on financial management and government procurement, protection of Singapore’s reserves, Budgeting for Results, and Managing for Excellence.

      As a trainer specializing in public governance, he has shared his experience with both Singapore participants and delegates from ASEAN, China, and other Asian and Commonwealth countries.  His training assignments have brought him to places that include Brunei, Cambodia, China, Laos, Myanmar, Pakistan and Vietnam.  Effectively bilingual, Shian Jan has also delivered many lectures and seminars in Mandarin to public officials of the Chinese government.

      Shian Jan graduated from the National University of Singapore and is currently a non-practising Chartered Accountant (CA) of Singapore. He also holds an Advanced Certificate in Training and Assessment (Facilitated Learning) by Singapore Workforce Skills Qualifications (WSQ) System. He is currently pursuing the WSQ Diploma in Adult and Continuing Education (DACE). Shian Jan was awarded the Commendation Medal (Pingat Kepujian), 1999 National Award. Furthermore, as an associate trainer, he received the Trainer Excellence Award 2013 from the Civil Service College.
       
      Yoong Ee Chuan
      President, ACFE Singapore Chapter 
      FCA (Singapore), CISA, CISM, CIA, CFE, ISCA (FFP), ASEAN CPA
       
      Ee Chuan has spent 29 years driving fraud risk management and awareness, internal audit and IT Security, Governance and Cybersecurity with deep exposure to non-profit board roles spanning Audit Committee Chairman, Treasurer and Board Member.

      Former Head of Internal Audit driving internal audits covering operational, compliance and IT domains in the public sector. Leading data analytics and forensic investigations whilst supporting CET training in procurement audits, fraud risk management and internal controls.

      He is a Fellow Chartered Accountant (Singapore), Certified Information Systems Auditor, and Certified Information Security Manager, Certified Internal Auditor, Certified Fraud Examiner, ISCA Financial Forensic Professional and ASEAN CPA.

      Upcoming Schedule

      Limited Seats

      Date & Time

      17 Oct 2025 (12:00 PM - 1:00 PM)

      Fee (inclusive of GST)


      SGD pricing -

      For Members: $ 0.00
      For Non-Members: $ 0.00


      Programme Facilitator(s)

      Chen Shian Jan
      Yoong Ee Chuan

      Venue

      Live Webinar in or outside of
      Singapore