Often fraudulent activities go unnoticed and unchallenged. Owner management and auditors can be part of the solution.
Dallas, Texas (PRWEB) October 09, 2017
Webinar: Addressing Fraud in Construction
Date: Thursday, October 12 at 11 am CDT
Instructor: Courtenay Thompson
Earn: 1 CPE credit
The Construction Audit & Cost Control Institute is pleased to announce this webinar aimed at helping auditors and managers in this challenging area.
Fraud related risks in construction abound. Fraud in construction billings costs owners millions, but fraud in the construction work itself can result in disaster. In addition, construction projects have been used to funnel payoffs to politicians and executives worldwide. Often fraudulent activities go unnoticed and unchallenged. Owner management and auditors can be part of the solution.
“This webinar is about what is going on with fraud in construction, including specific examples of fraud, along with common indicators of fraud occurrence,” says Courtenay Thompson, webinar presenter. “Construction-related fraud often goes undetected. Knowledge of construction fraud exposures and specific indicators help managers and auditors build processes and program steps to detect fraud.”
7 questions that can help in the fight against fraud in construction:
- How does construction fraud impact our own projects?
- How do we get executive commitment and mobilize management?
- What are the exposures – what is really going on with the construction fraud?
- If we have fraud in our construction projects, how do we know?
- How is fraud detected by auditors or management?
- What behavioral indicators might give us insight into fraud?
- How do we identify kickbacks and contractors getting too close to our employees?
Mr. Courtenay M. Thompson is a recognized authority on fraud-related training for internal auditors, management and investigators. Since entering the educational consulting field in 1981, he has written and presented courses for corporations, government and professional associations worldwide. He is the co-developer of courses on audit and control of construction costs, and has developed and presented courses on purchasing fraud and contract auditing. His courses are known for providing practical approaches to real problems.
The Construction Audit and Cost Control Institute, Inc. (CAACCI) of Dallas, Texas was created in 2008 as a resource to share 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. Visit our web site to register for any seminar or webinar. http://www.caacci.org