Cover image for Internal Audit School: Auditing Purchasing and Contracts

Internal Audit School: Auditing Purchasing and Contracts

Practical skills for auditing purchasing, procurement, and contract management

WBSGHM

Created by Wes Bryan, Sophie Goodwin, Hernan Murdock

Build practical auditing skills for purchasing, procurement, and contract management. Gain the tools to identify procurement risks, evaluate controls, and assess vendor and contract processes for compliance and performance.

ACI | Aug 2026 | 120 min

What You Will Learn

You will start by exploring key concepts in purchasing and procurement audits, then move into contract management, vendor assessment, and competitive bidding. Through guided examples and practical scenarios, you will learn how to spot risks, evaluate controls, and apply audit techniques to real procurement and contract situations.

Key Features

  • Identify procurement risks and evaluate internal controls for purchasing activities
  • Assess vendor selection, bidding, and contract management for compliance and effectiveness
  • Apply structured audit procedures to real-world procurement and contract scenarios

Target Audience

This course is ideal for internal auditors, audit managers, and risk professionals who already have some experience in auditing or procurement. If you want to deepen your ability to evaluate procurement processes, identify risks, and assess contract management for compliance and performance, you will find this course especially valuable.

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