Organizations Formed to Detect and Prevent Fraud

There are organizations whose main duty is to detect and prevent fraud such as the National Procurement Fraud Task Force that has the power to prosecute those suspected of defrauding the government.

The Inspector General also has authority and works primarily as the advisor of Secretary of Defense on issues that relate to fraud prevention, mainly in the DOD. There is also Inspector General for Iraq Construction that oversees more than $18 billion reconstruction fund.

There is also the Defense Contract Audit Agency whose main job is to audit the various branches of the military. The agency is also responsible for financial and accounting advisory service in addition to auditing pre and post award contract and it also oversees the overall internal control systems.

REFERENCES

Bartle J. R. , & LaCourse Korosec, R. (2003). “A Review of State Procurement and Contracting”,. Journal of Public Procurement. Boca Raton 3(2). p. 192-214. Berrios, R. (2006). “Government Contracts and Contractor Behavior”. Journal of Business Ethics. (63) 119-130. Dees, C. S. , (2006). “Competitiveness in Contracting Act Introduced in the House”. 46 (10). Federal Acquisition Regulation (2006) Retrieved February, 16, 2009 from, http://acquisition. gov/far/index. html