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:
- Lapses in contract management and procurement (e.g. lack of market price review, awarding contracts to higher-priced bidders without justification)
- Weaknesses in grant administration (e.g. inadequate eligibility checks, lack of conflict-of-interest declarations).
- 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.
Schedule & Fees
Testimonial
Funding
No funding Available!
Programme Facilitator(s)
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:
- Lapses in contract management and procurement (e.g. lack of market price review, awarding contracts to higher-priced bidders without justification)
- Weaknesses in grant administration (e.g. inadequate eligibility checks, lack of conflict-of-interest declarations).
- 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.
Programme Facilitator(s)
