Construction Audit/Construction Fraud Seminars Returning to Las Vegas July 2017

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This will be The Construction Audit and Cost Control Institute’s only seminars in Las Vegas this year.

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NY-NY Las Vegas Hotel & Casino July 17-18, 2017

Engaging instructor. Tons of valuable info.

The Construction Audit & Cost Control Institute’s (CAACCI) construction audit and fraud training enhances your organization’s ability to effectively audit and control construction costs. July 17-18, we will offer two seminars at the New York-New York Hotel & Casino in Las Vegas.

Following are a few quotes from recent seminar participants:
“Fantastic detail and techniques communicated. Excellent presentation.”
“Very informative in cost recovery techniques, and construction contract audit program examples.”
“Instructor was a great speaker…did an excellent job relating topics to real life examples.”

Effective Auditing of Construction Activity
16 CPE Credits
Instructor, Rich Townsend
July 17-18, 2017 in Las Vegas
Venue: New York-New York Las Vegas Hotel & Casino

This two-day seminar provides auditors with insight on how to partner with their management team to conduct effective audits of their organization's construction activity. Specific "how-to" construction audit techniques will be discussed. Attendees will learn how to effectively establish audit coverage to achieve "risk based" cost avoidance and cost recovery results.

Who can benefit from this learning experience?
Owner organization representatives who are involved with auditing or administering construction activity including:
1. Owner's construction audit representatives (internal audit and/or external consultants)
2. Owner's construction management executives, project managers, administrators, procurement representatives and/or legal representatives, internal audit and/or external consultants.

Topics to be Discussed Include:
1. Lump sum pre-construction services versus cost reimbursable pre-construction services
2. Pre-established labor billing rates versus reimbursement of actual wages and verifiable labor burden
3. Lump sum general conditions versus cost reimbursable general conditions
4. Lump sum self-performed contractor work versus cost plus fee with GMP for self-performed contractor work
5. Converting GMP contracts to lump sum contracts
6. Supported payment applications versus percentage of completion payment applications
7. Pre-agreed labor burden percentages versus reimbursement for actual defined labor burden costs
8. Bonding both the prime contractor and the subcontractors
9. Subcontractor default insurance (subguard) versus conventional performance and payment bonds
10. Savings sharing clauses versus no savings sharing clauses
11. Worker’s Compensation and General Liability Insurance – Conventional insurance versus Contractor Controlled Insurance Programs (CCIP)
12. Worker’s Compensation and General Liability Insurance – Conventional insurance versus Owner Controlled Insurance Programs (OCIP)
Click here for more "Effective Auditing" seminar details

Construction Fraud: Detection, Prevention & Response
16 CPE Credits
Instructor - Courtenay Thompson
July 17-18 in Las Vegas
Venue: New York-New York Las Vegas Hotel & Casino

This seminar explores types of fraud common to construction, techniques for reducing construction fraud and how to respond when fraud surfaces. The content is practical and hands-on.

Who can benefit from this learning experience?
Anyone committed to making a difference in the construction fraud arena - project managers, internal auditors, investigators, risk managers, finance professionals, security professionals, managers, consultants, attorneys - whether employed by companies, government or not-for-profits, or in public practice. This course is designed primarily for owners' representatives but contractors can benefit as well.

Learning Objectives
Upon completion attendees will know:
    Fraud by phase of construction
    Why construction fraud goes undetected
    How to assess the risk of construction fraud on your own projects
    Difficulties related to construction fraud and how to address them
    The role gifts and entertainment play in encouraging corruption
    Practical prevention practices
    How contract provisions can discourage or encourage fraud
    Case examples of construction fraud
    Specific symptoms of construction fraud occurrence
    How to build detection into routine management and audit practices
    Suggestions for detecting bid rigging and price fixing
    The elements of effective investigative response
    Specific investigative tips and techniques
Click here for more "Construction Fraud" seminar details

***Early Registration Discount Available until June 17

The Construction Audit and Cost Control Institute, Inc. (CAACCI) is a resource for sharing information and solutions for today’s challenges in construction auditing and construction cost control. CAACCI members include project management and construction audit representatives from a wide range of private and public organizations throughout North America. http://www.caacci.org

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Mr. Courtenay Thompson

Mr. Rich Townsend
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