| Understanding construction contract controls and construction audit best practices |
 Construction contract fundamentals How internal audit can successfully participate in pre-construction planning activities to help mitigate financial, operational, and compliance risk. A review of the construction lifecycle and responsibilities.
View the webinar > Download the webinar slides > | |  Construction financial controls and contract compliance How internal audit can successfully participate in pre-construction planning activities to help mitigate financial, operational, and compliance risk. A review of the construction lifecycle and responsibilities.
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 Post-construction auditing and fraud detection Assist in detecting potentially fraudulent, wasteful, or abusive construction practices while strengthening your organization’s internal control environment.
View the webinar > Download the webinar slides > | |  Performing construction contract risk analysis Analyze a contract for project risk and learn how to develop a risk mitigation plan. Case study review of Guarantee Maximum Price, Stipulated Sum, and Unit Priced contracts.
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 Best practices for preventing budget scope creep Decompose each type of change order and soft costs, how they impact the project budget, and how to develop audit steps to verify contract compliance or document owner credits.
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| |  Direct construction cost audit toolbox Tools and resources for auditing direct construction costs. Case studies from real construction projects to apply the auditor’s toolbox and demonstrate the value of auditing direct construction costs.
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 Mitigate construction project risk with construction insurance programs Learn ways to mitigate your construction project risk with insurance projects first-hand from Tim Cleary, Construction & Real Estate Practice Lead of M3 Insurance Solutions for Business.
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| |  Auditing unit priced construction contracts Assess a unit priced construction contract for project risk and develop an audit program for unit priced projects.
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 Auditing Engineer-Procure-Construct (EPC) projects Analyze an EPC contract for risk and plan to audit EPC projects.
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| |  Auditing construction contract change orders Learn how to decompose change orders to expose the underlying pricing strategies and the financial risk associated with each change order. View the webinar > Download the webinar slides > |
NEW! Subcontractor default insurance Gain an understanding of the market conditions leading to subcontractor default, the impact on projects, and strategies to mitigate the consequences of subcontractor default.
Wednesday, June 5, 2013 12:00 – 1:00 p.m. Central
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