Risk Management Strategies

Procurement Audit and Risk Management

Risk Management Strategies

  • Risk Management Strategies
  • Contractual Remedies for Managing Risks
  • Governance Structure for Risk Management
  • Risk Management Culture
  • Benefits of Effective Risk Management
  • Risk Register for Supply Chain Function
  • Procurement Fraud and Fraud Management
  • Review Questions

Further Reading




Arens, A. A., M. S. Elder and R. J. Beasley. (2005). Auditing and Assurance Services (10th Edition) (Charles T Horngren Series in Accounting). Prentice Hall.

Association of Accountancy Bodies in West Africa (ABWA). (2009). Principles of auditing (ATS study text). West Africa.

BPP. (2009). Auditing Assurance, ACCA study text (4th ed.). London: BPP Learning Media.

BR Professional Education. (2013). Auditing and assurance, CPA study text.

Nairobi: BR Professional Education.

CIPS (2012), Managing Risks in Supply Chain. 1st edition, Profex Publishers Limited. Stanford UK.

Gray, I., Manson, S. and Crawford, L. (2015) The audit process: principles, practice and cases. Sixth edition. Andover, Hampshire: Cengage Learning. Hayes, R., Dassen, R., Schilder, A., & Wallage, P. (2005). Principles of auditing An Introduction to International Standards on Auditing (2nd ed.). London:

Pearson Education Limited.

Kenneth Lysons and Brian Farrington (2012), Purchasing and supply chain Management, 8th Edition, Pearson Education Limited, Harlow, England

PPRA (2014). Corruption prevention guidelines in public Procurement in Kenya.

Published by PPRA media press. Nairobi Kenya.

Professional Education. (2012). Auditing and assurance, CPA practice and revision kit. Nairobi: BR Professional Education.

Professional    Education. (2013). Auditing, ATC  Study Text. Nairobi: BR Professional Education.



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