This course is designed to raise awareness of fraud related to construction and provide practical approaches to detect and prevent many types of fraud.  The course focuses on expectations and accountability, encouraging detection and effective response, without overreacting or becoming a “gotcha” auditor or manager.  

This highly engaging virtual learning experience includes case examples and exercises, including applying detection methods to the attendee’s own environment.  It includes practical, proven “how to” techniques as well as perils and pitfalls and how to avoid them. Earn 8 CPE Credits.

Space is Limited –  REGISTER
Team Discount:  $50 each for teams of 3 or more

Objectives |  Outline |  Fee | CPE | Instructor | Materials/Exercises | Schedule | Reviews  | Brochure

Who Can Benefit From This Learning Experience

• • Anyone who wants to reduce construction fraud and make the culture more receptive to addressing difficult construction fraud.
  • Project managers, auditors, executives, attorneys, investigators and others have found this training to be eye-opening!

 

Learning Objectives

Upon completion attendees will know:

• 1. The extent and nature of construction fraud.
  2. How construction fraud impacts owners and their projects.
  3. Common mistakes and errors and how to avoid them.
  4. Frauds committed by contractors, subcontractors, suppliers, employees of owners.
  5. How to avoid having an environment friendly to fraud.
  6. Steps for fraud prevention.
  7. How to detect fraud in routine management and audit practices.
  8. What to do when fraud is suspected.
  9. Fraud exposures and symptoms of occurrence.
  10. Practical approaches to behavioral red flags.
  11. How to encourage accountability in managers and contractors.
  12. What effective investigations include.

 

Course Outline

Challenges Presented by Construction Fraud

1. Construction fraud implications
2. The extent and nature of fraud in construction
3. Fraud, overcharge and nonperformance
4. Games played by contractors
5. The role of perception
6. How to impact your culture and mobilize management
7. Four steps for construction fraud prevention
8. A model for addressing fraud challenges

Fraud Detection – What Works & What Doesn’t

1. Why fraud goes undetected
2. Making it safe to surface problems
3. Five Steps for Detection
4. Case examples for exposures and symptoms
5. Behavioral indicators of construction fraud
6. Brainstorming fraud for your own projects
7. Building detection into routine management and audit processes
8. Effective response to suspected wrongdoing

Other Areas

1. Using data analysis to know your area and detect fraud
2. Getting the most out of construction contract auditing
3. Fraud in bidding and awarding work
4. Corruption, pay to play and kickbacks
5. A Disadvantaged Business Enterprise Case

 

Program Materials and Exercises

Participants will be a link to download and print materials prior to the course. These will include exercises to be completed during the session as well as additional materials that go beyond slides shown.

This seminar is interactive.  It is expected that attendees will use both the camera and microphone for optimal learning experience.  Individual and group exercises are an integral part of the course.

Program Fee

REGULAR SEMINAR REGISTRATION Fee = $495
Register now to secure your seat.
Pay now with credit card or pay later, if you prefer.

Team Discount:  $50 each for teams of 3 or more

Registration FEE is payable to:
Construction Audit & Cost Control Institute, Inc.
c/o Rich Townsend
5056 Tennyson Parkway, Suite 100
Plano, Texas  75024

Registration FEE may be paid by check, MasterCard, Visa or American Express.

Program Schedule

Monday, October 26:  9:00 am – 1:00 pm Central Time

Tuesday, October 27:  9:00 am – 1:00 pm Central Time

Please log in early.  Each hour will include a 10 minute break.

Cancellation and Refund

If you register for a virtual training and are unable to attend, please notify us by email and we will apply your credit toward any future training.  For information regarding refund, concerns and/or program cancellation policies please contact Marie Jones at 254-736-0309 or email [email protected].

CPE

All participants are eligible to receive up to 8 Continuing Education Credits (CPE’s) to fulfill professional accreditation requirements.  To receive CPE credit, participants must answer polling questions posted during the training.

Field of Study: Auditing. Course Level: Basic. Group-Internet, lecture-style seminar; no prerequisites or advanced preparation required. For information regarding CPE, complaint, or program cancellation, please contact Marie Jones at (254) 736-0309 or Rich Townsend at (972) 679-6762 or email [email protected].

Construction Audit & Cost Control Institute (CAACCI)  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

Instructor

Courtenay M. 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. Mr. 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.

Seminar Developers

R. L. Townsend & Associates, LLC and Courtenay Thompson & Associates have jointly developed our professional development training seminars related to construction cost control and audit.

Our Recent Fraud Seminar Attendees Have Said…

“Very practical and addresses real work/business fraud and corruption cases.  The presenter’s experience in the field was the most invaluable tool in making this course the most valuable for my organization and me as a person.”

“Great discussions, cases and real world examples.”

“Thank you for helping us change our culture.”

“This course was eye-opening and I have managed construction projects for over 20 years.”

“The lumpsum discussion alone more than justified this course for us.”

“Clients report attendees are questioning billings and getting more adjustments after this in-house training.”

Register

Regular Seminar Registration Fee = $495.00

(We offer an option to pay later, if you prefer)

Team Discount:  $50 each [For Teams of 3 or more use Discount Code “Team”]

To Register by Telephone:   Call Marie Jones at (254) 736-0309

Need Assistance?     Contact Marie Jones through the chat box (bottom right of screen) or E-mail:   [email protected]