Construction Audit Series - Construction Project Risk

Course Description
Course Qualification
Presenter
FAQ

Course Description

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

US Bureau of Labour Statistics shows that as of January 2020, there were $7.59M people working in the construction industry. In addition, data from the Association of General Contractors of America shows that the construction industry has more than 600,000 employers in the US and creates nearly $1.3 trillion worth of structures each year.

Undergoing a construction project comes with its inherent risk. And each project is unique in its rights. But where do you begin to define the risks?

Inherent risks are those that exist based on the general characteristics of the project. These are risks that can appear regardless of the specific nature of the project. None of the inherent risks mean that the project is in trouble. Many of these risk factors will be rated as low or medium-level risks. Even if you identify an inherent risk as high, other project factors will come into play as well.

In this CPE webinar, we will look at the CARE © methodology developed by the speaker Denise Cicchella to identify risk and be able to define project success.

Construction is a risky business. Each construction project is unique and comes with its own set of challenges and opportunities. Identifying and managing construction project risks can be tricky, but not impossible with careful planning and execution.

This CPE Auditing webinar will give students the foundation needed to properly define project risk. Even projects that rely on project managers to assign the risk will be surprised. It will touch on controls to get with risks but taking the Project Controls course will be more in-depth.

Learning Objectives

To discuss the basic risks inherent risks associated with any project.
To analyze how the risks interact with one another.
To analyze how to prioritize risk.
To discuss how to have an intelligent conversation with management about project exposure.

Recommended For

The Online continuing education webinar is recommended for CPAs, CMAs, CIAs, QIALs, IAPs, CFFs, CFFs, MAFFs, CRMA, Fraud Analyst, Fraud Examiner, Fraud Investigator, Fraud Professionals, Risk Managers, Young CPA, and other professionals interested in learning more about construction projects and risks associated with it.

Who Should Attend?

Accounting and audit managers/practitioners
Auditors
Certified Fraud Examiner
Certified Management Accountant (CMA)
Certified Public Accountant (CPA)
Certified Valuation Analysts
CPA - Mid Size Firm
CPA - Small Firm
Young CPA

Course Qualification

Webinar Qualifies For

2 CPE Credit for Certification in Risk Management Assurance (CRMA)
2 CPD Credit for Certified Financial Forensics (CFF)
2 CPE Credit for Certified Fraud Examiner (CFE)
2 CPE Credit for Certified Government Financial Manager (CGFM)
2 CPE Credit for Certified Internal Auditors (CIA)
2 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
2 CPE Credit for Internal Audit Practitioner (IAP)
2 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
2 CPE Credit for Certified Valuation Analyst (CVA)
2 CPE Credit for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
2 CE Credit for Certified Wealth Strategist (CWS)
2 General Credit for Accountant/Bookkeeper (ACCT./BK)
2 CPD Credit for Chartered Professional Accountant (CPA Canada)
2 CPE Credit for Certified Government Auditing Professional (CGAP)
2 CPE Credit for Certified Management Accountants (CMA)
2 CPD Credit for Chartered Accountants - ICAEW
2 CPD Credit for Chartered Certified Accountants (ACCA)
2 CPD Credit for Chartered Accountants - Ireland (CAI)
2 CPD Credit for Chartered Accountants - Scotland
2 CPD Credit for CPA - Ireland

Additional details

Course Level :

Basic
Credits :

2
Instructional Method :

Group Internet Based
Pre-requisites :

None
Advance Preparation :

None

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.

Presenter

About Presenter

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.

About Company

Auspicium

www.auspicium.com

Auspicium was founded as a management consulting firm specializing in audit, real estate management, facilities management and Construction Audit and construction audit cost recovery. We specialize in consulting, fraud examination, risk assessment, and training. Our founder is a recognized leader in the field and has spoken for private companies as well as for The Instiute of Internal Auditors and the Association of Certified Fraud Examiners.

Faq

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.3

7 Ratings

Excellent

Very Good

Average

Poor

Terrible

John Sparling, CPA (US)

Apr 25th, 2022

Excellent program

Nina Kvartek-zadotti, CPA (US)

Mar 30th, 2022

Overall, I am grateful for the experience of the webinar. However, despite the presenter being knowledgeable in the subject matter, she appeared very distracted during certain periods. Examples include handing items to someone off camera, leaving the webinar momentarily and dogs barking in the background. This was only a 2 hour webinar so it provided an unprofessional atmosphere.