Colleges and universities of all shapes and sizes should have licensed and independent CCAs, CCPs and CFEs complete a thorough review of all construction projects exceeding $5 million.
St. Louis, MO (PRWEB) May 17, 2012
Ryan J. Hauber, MBA, CFE, CCA, CCP, partner-in-charge of risk advisory services at Honkamp Krueger & Co., P.C. (HK) has been selected to present at this year’s Association of College and University Auditors (ACUA) Annual Conference September 9 -13 in San Antonio, Texas.
Hauber’s presentation, “Construction Auditing and Risks of Fraud in 2012 and Beyond” will review key areas which are susceptible to fraudulent behavior in the higher education sector, including specific emphasis placed on construction related fraud risks for colleges and universities.
Preventing construction related aggregate risk is an under-hyped best practice for colleges and universities interested in mitigating legal, safety, environmental, regulatory and/or reputational risk problems. Issues surface when schools fail to engage licensed Certified Construction Auditors (CCA) and Construction Control Professionals (CCP) to independently review and opine if construction projects at their respective schools are free of material issues and risks.
Hauber states, “Colleges and universities of all shapes and sizes should have licensed and independent CCAs, CCPs and CFEs complete a thorough review of all construction projects exceeding $5 million. Inherently, this will minimize and mitigate the likelihood and impact of legal, safety, environmental regulatory, financial and reputational risks which are prevalent in construction projects within the higher education sector.”
Those attending the presentation will also get an overview on recent fraud statistics and facts, along with items that provoke the cause-and-effect conundrum related to recognizing fraud risk.
Expecting over 400 colleges and universities in attendance, the ACUA Annual Conference focuses on the latest issues related to internal auditing in higher education. Tracks include emerging issues, professional development, research and compliance, information technology, enterprise risk management, fraud and investigations, and specialized knowledge and roundtables.
Hauber is a Certified Fraud Examiner (CFE), Certified Construction Auditor (CCA) and Construction Control Professional (CCP) with over 15 years of global consulting experience for both public and private sectors. He has extensive experience with regulatory compliance, fraud, forensic, internal controls, investigative engagements, construction auditing and internal audit management. He has been a frequent lecturer for the past 10 years on important industry topics at national and international venues with the National Retail Federation (NRF), Association of Audit Committee Members, Inc. (AACMI), Association of Certified Fraud Examiners (ACFE), Association of College and University Auditors (ACUA) and the Institute of Internal Auditors (IIA). He has also been featured in national publications including Retail Merchandiser magazine and Smart Business magazine and has served on the board of directors for two private companies located in Michigan and Minnesota.
Honkamp Krueger & Co., P.C. (HK) is a Top 100 CPA and business consulting firm and the second fastest growing CPA firm in the Midwest (Accounting Today, March 2012). HK’s National Construction Audit Practice currently holds the distinction of having more licensed CCAs and CCPs than any other CPA firm throughout the entire United States and HK provides these specialized construction audit services on a national basis for organizations in all industry sectors. In addition to its CPA practice, Honkamp Krueger includes HK Financial Services (HKFS), HK Payroll Services (HKP) and the HK Alliance, which consists of 90+ CPA and business consulting firms throughout the U.S. sharing resources and best practices.