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Construction Audit is becoming more and more prevalant, and organizations are appreciating its importance. Learning the basics of construction auditing can provide valuable knowledge and skills for professionals and students in the construction industry.
List of contents
Introduction: construction audit basics, 1. Types of construction, 2. General risks, 3. How construction audit is different from other audits, 4. Delivering a construction audit, 5. Pillars of success, 6. Phases of construction projects, 7. Location and benchmarking, 8. Conflicts of interest, 9. Project appraisal, 10. Investment decision-making, 11. ESG and construction, 12. Building the construction team, 13. Common procurement risks, 14. How project procurement can be different, 15. Contracting, 16. Contracts, 17. Earned value management, 18. Inventory controls, 19. Safety and site rules, 20. Daily foreman reports, 21. Perimeters and cameras, 22. Safety and safety equipment, 23. Budgets and budget reporting, 24. Month-end reporting, 25. Walkthroughs and inspection, 26. Insurance, 27. Labor and professional fees, 28. Payments and payment auditing, 29. Change orders and auditing change orders, 30. Special considerations, 31. Special types of construction, 32. Procuring equipment from abroad, 33. Construction fraud and considerations, 34. Closing thoughts
About the author
Denise Cicchella is an experienced consultant and auditor. She is a passionate educator and spreads her knowledge about audit, fraud, project management and other topics via conferences, live presentations and webinars.
Denise worked in numerous industries before specializing in construction audit and consultancy. She has worked on numerous construction projects including commercial, residential, healthcare and energy. She has helped her clients recover as much as 10% via construction audits performed.
Denise is a Certified Internal Auditor, Certified Fraud Examiner, and Certified Construction Auditor. She is a life member of the National Association of Construction Auditors and is the Founding President of the NY/NJ Chapter.
Denise earned her Bachelor’s Degree in Accounting from Loyola University in Baltimore, MD and her Masters in International Business from Fairleigh Dickinson University.
Summary
Construction Audit is becoming more and more prevalant, and organizations are appreciating its importance. Learning the basics of construction auditing can provide valuable knowledge and skills for professionals and students in the construction industry.
