7DEC
7 - 11 Dec 2026Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
Professional training course · CON-033
Contract Audit and Compliance Review
Contracts often promise value that is never fully delivered. Overcharging, incorrect rates, unapproved variations, missed service credits, unenforced obligations and…
- 5 daysClassroom
- 49Upcoming dates
- 12Cities
- £2,250Fees from
Course overview
Introduction
Contracts often promise value that is never fully delivered. Overcharging, incorrect rates, unapproved variations, missed service credits, unenforced obligations and non-compliance with contract terms can quietly erode the benefits that organisations expected when they signed. Contract audits provide independent assurance and frequently recover significant sums.
This Contract Audit and Compliance Review training course teaches participants how to plan and perform audits of contracts and contract management. Participants learn how to select contracts for review, understand contract terms and pricing mechanisms, test invoices and payments, verify delivery and performance, review variations and claims, assess contract management controls, use data analytics and report findings and recoveries.
The course is suitable for internal auditors, contract managers, procurement professionals and finance staff.
Course Objectives
By the end of this training course, participants will be able to:
- Explain the purpose and benefits of contract audits
- Select and prioritise contracts for audit based on risk
- Analyse contract terms, pricing and obligations for audit testing
- Test invoices and payments against contract terms
- Verify delivery, performance and service level reporting
- Review variations, claims and change control
- Assess the effectiveness of contract management controls
- Report findings, recoveries and improvement recommendations
Target Audience
This training course is suitable for a wide range of professionals, including:
- Internal auditors and audit managers
- Contract and commercial managers
- Procurement professionals
- Finance and accounts payable managers
- Compliance professionals
- Public sector auditors
Training Methodology
The course uses sample contracts, invoices, performance reports and payment data. Participants build an audit programme, test invoices against rates, recalculate service credits, analyse variations and use simple analytics to identify anomalies, before drafting findings and recovery reports.
Target Competencies
- Contract risk assessment
- Audit programme design
- Invoice and payment testing
- Performance verification
- Contract management control review
- Recovery reporting
Course outline
-
1Day One: Contract Audit Foundations
- Why contract audits are needed and what they find
- Types of contract audits and reviews
- Audit rights and access to supplier records
- Selecting contracts for audit based on risk
- Working with contract managers and suppliers
- Lessons from significant contract audit recoveries
- Exercise: risk ranking a portfolio of contracts
-
2Day Two: Understanding Contract Terms for Audit
- Reading contracts from an auditor's perspective
- Pricing mechanisms and rate schedules
- Indexation, discounts and rebates
- Service levels, credits and deductions
- Reporting and record keeping obligations
- Building an audit programme from the contract
- Workshop: designing an audit programme
-
3Day Three: Testing Payments and Performance
- Invoice testing against contract rates
- Verifying quantities and delivery evidence
- Recalculating service credits and deductions
- Testing expenses and pass-through costs
- Open book audits and cost verification
- Using analytics to detect duplicate and unusual payments
- Exercise: testing a sample of invoices
-
4Day Four: Variations, Claims and Controls
- Reviewing variations and change approvals
- Assessing claims and settlements
- Contract management governance and responsibilities
- Controls over renewals, extensions and amendments
- Supplier performance management processes
- Conflict of interest and fraud risks in contracts
- Case study: uncovering overcharging on a service contract
-
5Day Five: Reporting and Recovery
- Evaluating and quantifying audit findings
- Agreeing recoveries with suppliers
- Writing contract audit reports for management
- Recommending improvements to contract management
- Following up on actions and recoveries
- Building an ongoing contract assurance programme
- Personal action plan for contract auditing
Schedule
Dates and fees
49 upcoming dates in 12 cities. Fees are per delegate; bring colleagues and every seat is discounted.
December 2026
LondonUnited Kingdom · Classroom
14DEC
14 - 18 Dec 2026Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
21DEC
21 - 25 Dec 2026Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
January 2027
4JAN
4 - 8 Jan 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
11JAN
11 - 15 Jan 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
18JAN
18 - 22 Jan 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
25JAN
25 - 29 Jan 2027Mon to Fri · 5 days
Kuala LumpurMalaysia · Classroom
£2,250per delegate2+ people: £1,800 each
February 2027
1FEB
1 - 5 Feb 2027Mon to Fri · 5 days
MadridSpain · Classroom
£4,250per delegate2+ people: £3,400 each
8FEB
8 - 12 Feb 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
15FEB
15 - 19 Feb 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
22FEB
22 - 26 Feb 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
March 2027
1MAR
1 - 5 Mar 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
8MAR
8 - 12 Mar 2027Mon to Fri · 5 days
MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
15MAR
15 - 19 Mar 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
22MAR
22 - 26 Mar 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
April 2027
5APR
5 - 9 Apr 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
12APR
12 - 16 Apr 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
19APR
19 - 23 Apr 2027Mon to Fri · 5 days
ParisFrance · Classroom
£4,500per delegate2+ people: £3,600 each
26APR
26 - 30 Apr 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
May 2027
3MAY
3 - 7 May 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
10MAY
10 - 14 May 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
17MAY
17 - 21 May 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
24MAY
24 - 28 May 2027Mon to Fri · 5 days
RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
June 2027
7JUN
7 - 11 Jun 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
14JUN
14 - 18 Jun 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
21JUN
21 - 25 Jun 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
July 2027
5JUL
5 - 9 Jul 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
12JUL
12 - 16 Jul 2027Mon to Fri · 5 days
AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
19JUL
19 - 23 Jul 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
26JUL
26 - 30 Jul 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
August 2027
2AUG
2 - 6 Aug 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
9AUG
9 - 13 Aug 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
16AUG
16 - 20 Aug 2027Mon to Fri · 5 days
Cape TownSouth Africa · Classroom
£2,840per delegate2+ people: £2,272 each
23AUG
23 - 27 Aug 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
September 2027
6SEP
6 - 10 Sep 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
13SEP
13 - 17 Sep 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
20SEP
20 - 24 Sep 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
October 2027
4OCT
4 - 8 Oct 2027Mon to Fri · 5 days
GenevaSwitzerland · Classroom
£5,250per delegate2+ people: £4,200 each
11OCT
11 - 15 Oct 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
18OCT
18 - 22 Oct 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
25OCT
25 - 29 Oct 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
November 2027
1NOV
1 - 5 Nov 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
8NOV
8 - 12 Nov 2027Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
15NOV
15 - 19 Nov 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
22NOV
22 - 26 Nov 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
December 2027
6DEC
6 - 10 Dec 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
13DEC
13 - 17 Dec 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
20DEC
20 - 24 Dec 2027Mon to Fri · 5 days
Kuala LumpurMalaysia · Classroom
£2,250per delegate2+ people: £1,800 each
27DEC
27 - 31 Dec 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
No dates in this city right now. Request a quotation and we will suggest the nearest date.
Questions
Frequently asked questions
How long is the Contract Audit and Compliance Review course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Contract Audit and Compliance Review course?
The next public date is 7 - 11 Dec 2026 in London. There are 49 upcoming dates in total.
Where is this course held?
Upcoming sessions run in London, Barcelona, Frankfurt, Kuala Lumpur, Madrid, Munich, Paris, Rome, Amsterdam, Cape Town, Geneva, Istanbul.
How much does the course cost?
Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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