When:   March 29-30, 2010

Where:  Las Vegas, NV - Bally's - Hotel/Conference Center/Resort/Casino

Seminar Title:  Construction Fraud:   Detection, Prevention & Response 

No one knows the cost of fraud in construction projects, but it is safe to say dishonesty is alive and well in the construction arena. Construction-related fraud exposures include corruption, kickbacks, conflicts of interest, performance issues and predatory billing practices. Political considerations and relationships combine with the very nature of construction projects to make fraud difficult to detect and even harder to handle. 

In this two day course attendees will explore types of fraud common to construction, techniques for reducing construction related fraud and how to respond when fraud surfaces. This course is about fraud in construction. Not theory, but what really happens. It explores what is going on and what attendees and their organizations can do to reduce the impact of fraud. The course is practical and hands on, loaded with strategies and tactics, tips and techniques.

Learning objectives

Upon completion attendees will know:

• How and where fraud occurs in construction activity.
• The most common construction-related frauds.
• Factors that contribute to construction fraud.
• What makes fraud in construction different and difficult to handle.
• Creating an environment hostile to fraud.
• Best practices for gifts and entertainment.
• Practical prevention practices.
• How contract language can deter or encourage fraud.
• Building detection into routine audit and management practices.
• Suggestions for detecting bid rigging and price fixing.
• Effective investigation of suspected wrongdoing.
• How to prove suspected wrongdoing.
• Specific investigative tips and techniques.
• Use of checklists and charts.
• Practical considerations for dealing with law enforcement.  

Who can benefit from this educational experience:

Anyone committed to making a difference in the construction fraud arena – project managers, internal auditors, investigators, risk managers, finance professionals, security professionals, managers, consultants, attorneys – whether employed by companies, government or not-for-profits, or in public practice. This course is designed primarily for owners’ representatives, but contractors can benefit as well.

Program Schedule

Monday           8:30 a.m. – 4:30 p.m.

Tuesday           8:30 a.m. – 4:30 p.m.

Program Fee:    $1,195 per person 

Program fee payable with registration to Construction Audit & Cost Control Institute, Inc., 3941 Legacy Drive, Suite 204 #218A, Plano, TX 75023. 

Fee also payable by MasterCard, Visa or American Express. Program fee includes instruction, all program materials, lunch each day and refreshment breaks.

Cancellation and Refund:

Enrollment is limited to assure maximum opportunity for participation and exchange of ideas. Substitutes will be accepted until the program starts. Cancellations will be accepted up to 14 calendar days prior to program start without incurring a $95 late cancellation fee. Full fee is charged for failure to attend when enrollment has not been cancelled as specified. Contact Lynn Runyon at Courtenay Thompson & Associates, 214-361-8346 or lynn@ctassoc.com.

CPE

All participants are eligible to receive up to 16 Continuing Professional Education credits (CPE’s) to fulfill professional accreditation requirements. Field of Study: Specialized Knowledge & Applications. Course Level: Basic. Group-live, lecture-style seminar; no prerequisites or advanced preparation required. For information regarding CPE, complaint, or program cancellation, please contact Courtenay Thompson & Associates at 214-361-8346.

Courtenay Thompson & Associates 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org

About Courtenay Thompson

Courtenay Thompson is a recognized authority on fraud-related training for internal auditors, management and investigators. Since entering the educational consulting field in 1981, he has written and presented courses for corporations, government and professional associations worldwide.

He is the co-developer of courses on audit and control of construction costs, and has developed and presented courses on purchasing fraud and contract auditing. His courses are known for providing practical approaches to real problems.

Mr. Thompson's experience prior to consulting includes public accounting, audit supervisor for consumer financial services for a large retailer, and director of auditing for a life insurance company.

Thompson received his BBA and MBA degrees from Southern Methodist University and is a Certified Public Accountant. He is a member of various accounting and auditing professional associations.

Hotel Reservations:

You may call Bally's reservations at 1-800-358-8777.   When you call, tell them you are attedning our Construction Audit & Cost Control Institute meeting.   Group Code:  SBCAC0.