Construction Audit Series - Construction Audit and Big Data

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Construction Audit Series - Construction Audit and Big Data

Learning Objectives

To analyze big data.
To discuss the mathematical flows in construction to create data scripts to monitor data and progress.
To analyze how to review red flags that may indicate your projects are soon failing.
To explain strategies behind using data analytics to monitor construction projects for fraud or failure.

Course Description

A construction audit reviews various aspects of a project to ensure they are performing appropriately and in keeping with the contract. Since construction projects typically involve several entities performing several concurrent tasks, a construction audit is a crucial tool for keeping everything on track and under budget.

With the rapid development of information technology in today’s world, the amount of data information is getting larger and larger, which presents the characteristics of big data. Big data refers to a collection of data that cannot be captured, managed, and processed by conventional software tools within a certain time.

Big Data has been used for many years to do continuous auditing. Auditing your construction projects is no exception.

The era of big data has brought great changes to various industries, and the innovative application effect of big data-related technologies also shows obvious advantages. The introduction and application of big data technology in the audit field also become a future development trend. Compared with the traditional mode of audit work, the application of big data technology can help to achieve more ideal results, which needs to promote the adaptive transformation and adjustment of audit work.

This course covers the following Major Topics:

What can Big Data /Automation do for me?
Big Data Defined
The four Vs of Big Data
What data might we need?
What if data is limited
Using Data Analytics in Your Audit
Verifying Big Data during the Audit
Analysis that Pays
Automated Processes

In this CPE Auditing Webinar, we will talk about the strategies behind using Data Analytics to monitor construction projects for fraud or failure.

Webinar Qualifies For

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

About Instructor

Denise Cicchella

Founder & CEO, Auspicium

Denise Cicchella is a recognized expert in construction audit, protecting owners from the overpayment of construction costs due to error, negligence or fraud.

Dense is a Certified Internal Auditor, Certified Fraud Examiner, Certified Construction Auditor, Project Management Professional and Fellow of the Life Management Institute. She holds an MBA in International Business from Fairleigh Dickinson University and a BBA in Accounting from Loyola University. She is the Founding President of the New York/New Jersey Chapter of the National Association of Construction Auditors. She has audited and led audit teams for small construction project as well as multi billion dollar projects.

She is an experienced trainer and can often be seen teaching domestically and internationally.

Additional Information

Duration

1.5 Hours

Course Level

Basic

Instructional Method

Group Internet Based

Pre-requisites

None

Advance Preparation

None

FAQ’s

Click Here to View

NASBA APPROVED

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 through its website: www.NASBARegistry.org.

Ratings and Review

4.3

Excellent

Very Good

Average

Poor

Terrible

Douglas Breckenridge, CPA (US)

Interesting topic.

Justin Iske, CFE, CISA

Great speakers with tremendous information. Some webinars are slightly dated.

Kelsey Zitterkopf, CPA (US)

good info on Big Data

CHL

Cheryl Hines Ladson, EA

Another great course

Konstantin Kukolev, CPA in Canada

1.5 Credits

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Subject Area

Auditing

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Construction Audit Series - Construction Audit and Big Data

Course Details

Learning Objectives

Course Description

Qualifies for

Webinar Qualifies For

Presenter Details

About Instructor

Denise Cicchella

Other Details

Additional Information

1.5 Hours

Basic

Group Internet Based

None

None

FAQ’s

NASBA APPROVED

Ratings and Review

4.3

Douglas Breckenridge, CPA (US)

Justin Iske, CFE, CISA

Kelsey Zitterkopf, CPA (US)

Cheryl Hines Ladson, EA

Konstantin Kukolev, CPA in Canada

Subject Area

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