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Construction Audit Series - Managing a Construction Audit

Access Self Study

Learning Objectives

  • To analyze how to set up a time budget for the construction audit.
  • To realize the changes in results and actions around the timing of reports.
  • To discuss the contractual limits of auditing a project.

Course Description

This webinar is a part of the Construction Audit Series by Denise Cicchella!

Construction projects are often time-consuming and expensive. With many moving pieces and several contractors performing concurrent tasks, it can be a full-time job to manage and can quickly spiral out of control. Construction projects that are not adequately managed can quickly spiral out of control and create a potential for overcharges and fraud. Involving a professional auditor is key, as their roles differ from both the business owner and the construction manager. 

Determining when a construction project should be audited can be tricky. 

There are advantages and disadvantages to any of the answers to this question. A construction audit can help you take back control and ensure your project costs are being charged under the terms of the contract. It will also give project stakeholders peace of mind about how their money is being spent.

This CPE/CPD Auditing Course will look at the benefits and disadvantages of construction audits. We will look at how you handle audit reporting, how to budget for the audit, and how to manage the auditors.

Key topics covered in this course:

  • Building your team
  • Construction Audits are different from traditional audits
  • Reporting
  • Soft skills and Hard skills
  • Legal Involvement
  • Time Budgeting
  • Measuring Value
  • Change orders

Live Webinar Qualifies For

  • 1 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
  • 1 General Credit of Auditing for Accountant/Bookkeeper/Tax Professionals
  • 1 CPD Credit of Auditing for CPA in Canada
  • 1 CPE Credit of Internal Auditing for Certified Internal Auditors (CIA)
  • 1 CPE Credit of Auditing for Certified Fraud Examiner (CFE)
  • 1 CPE Credit of Auditing for Certified Management Accountants (CMA)
  • 1 CPE Credit of Auditing for Certification in Risk Management Assurance (CRMA)
  • 1 CPD Credit of Auditing for Certified Financial Forensics (CFF)
  • 1 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 1 CPE Credit of Auditing for Certified Government Auditing Professional (CGAP)
  • 1 CPD Credit for Chartered Accountant - ICAEW
  • 1 CPE Credit of Auditing for Internal Audit Practitioner (IAP)
  • 1 CPE Credit of Auditing for Certified Internal Controls Auditor (CICA)
  • 1 CPE Credit of Auditing for Qualification in Internal Audit Leadership (QIAL)
  • 1 CPD Credit for Chartered Accountants - Scotland
  • 1 CPE Credit of Auditing for Iowa Licensed Public Accountant (IA-LPA)
  • 1 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 1 CPD Credit for CPA - Ireland
  • 1 CPE Credit of Auditing for Certified Controls Specialist (CCS)
  • 1 CPE Credit of Auditing for Maine Licensed Public Accountant (ME-LPA)
  • 1 CPE Credit of Auditing for Delaware Licensed Public Accountant (DE-LPA)

Self-Study Webinar Qualifies For

  • 1 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
  • 1 General Credit of Auditing for Accountant/Bookkeeper/Tax Professionals
  • 1 CPD Credit of Auditing for CPA in Canada
  • 1 CPE Credit of Internal Auditing for Certified Internal Auditors (CIA)
  • 1 CPE Credit of Auditing for Certified Fraud Examiner (CFE)
  • 1 CPE Credit of Auditing for Certified Management Accountants (CMA)
  • 1 CPE Credit of Auditing for Certification in Risk Management Assurance (CRMA)
  • 1 CPD Credit of Auditing for Certified Financial Forensics (CFF)
  • 1 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 1 CPE Credit of Auditing for Certified Government Auditing Professional (CGAP)
  • 1 CPD Credit for Chartered Accountant - ICAEW
  • 1 CPE Credit of Auditing for Internal Audit Practitioner (IAP)
  • 1 CPE Credit of Auditing for Certified Internal Controls Auditor (CICA)
  • 1 CPE Credit of Auditing for Qualification in Internal Audit Leadership (QIAL)
  • 1 CPD Credit for Chartered Accountants - Scotland
  • 1 CPE Credit of Auditing for Iowa Licensed Public Accountant (IA-LPA)
  • 1 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 1 CPD Credit for CPA - Ireland
  • 1 CPE Credit of Auditing for Certified Controls Specialist (CCS)
  • 1 CPE Credit of Auditing for Maine Licensed Public Accountant (ME-LPA)
  • 1 CPE Credit of Auditing for Delaware Licensed Public Accountant (DE-LPA)

About Instructor

Denise Cicchella,

Founder & CEO, Auspicium

Denise Cicchella is a seasoned expert in audit and compliance, boasting over two decades of experience in the industry. As a Certified Internal Auditor (CIA) and Certified Fraud Examiner (CFE), she has a distinguished track record of enhancing organizational integrity and efficiency through meticulous financial oversight and strategic risk management. Denise’s expertise spans various sectors, including healthcare, manufacturing, and finance, where she has consistently demonstrated her ability to uncover and mitigate fraud, optimize internal controls, and drive compliance initiatives.  

Denise is a published author and has written four books on internal audit and project management.  They are:

  • Construction Audit Guide:  Overview, Monitoring and Auditing
  • Effective Auditing for Corporates
  • Essentials of Construction Management and
  • Construction Audit Building a Solid Foundation.

Additional Information

Course Level

Basic

Credits

1

Instructional Method

  • Group Internet Based
  • QAS Self Study

Pre-requisites

None

Advance Preparation

None

FAQ’s

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MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

Ratings and Review

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SJ

Shannon Jillson, CIA

I am enjoying the Construction Audit series. Lots of useful information! I appreciate Denise sharing her expertise with us!

SJ

Shannon Jillson, CIA

I am enjoying the Construction Audit series. Lots of useful information! I appreciate Denise sharing her expertise with us!

SJ

Shannon Jillson, CIA

I am enjoying the Construction Audit series. Lots of useful information! I appreciate Denise sharing her expertise with us!

AL

Aubrey Lin, CPA (US)

Good overall review of what a construction audit consisted of.

DM

Diane Moreno, CPA (US)

love this presenter! Always very informative!

1 Credit

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Subject Area

Auditing

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