“Impact of Gifts & Entertainment on Construction Projects”

Wednesday – April 18, 2018
11:00 am to 12:00 pm CT

Cost $89 – Earn 1 CPE

Gifts and entertainment have long been part of the construction landscape.  Relationship building activities and business friendships can be complicated.  Those auditing or investigating construction costs sometimes learn that contractors provided owner representatives excessive gifts and entertainment.  This raises the question of whether getting too close to the contractor contributed to lack of oversight.  

This webinar will explore the role of gift and entertainment practices in encouraging fraud, overcharge and non-performance.  It will include practical detection of fraud, addressing overcharge and non-performance, along with approaches to changing the culture.

Learn how to:

• Determine the impact of gifts and entertainment in your construction environment.
• Define and communicate expectations about getting too close to contractors.
• Detect fraud and prove excessive gifts and entertainment.
• Determine whether gifts and entertainment contributed to cost overruns.
• Use practical approaches to reduce the impact of gifts and entertainment.
• Get buy-in of executives, employees and contractors.

Who should attend?

Auditors, investigators, project managers, supply chain and finance professionals, consultants, risk managers and compliance officers… anybody who wants to reduce the impact of gifts and entertainment on their construction projects.

Please note:  This webinar is refreshed and re-titled from How Excessive Gifts & Entertainment Contribute to Corruption, Overcharge & Non-performance presented 2/1/2018.

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.

Additional Information

Participants Earn 1.0 CPE Credit
– In order to be awarded the full credit, you must respond to 3 out of 4 polling questions asked during the program.

Field of Study: Auditing

Prerequisites: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

Notes

-The webinar is intended only for paid attendees for individual viewing on their PC.

-No advance reading will be required.

-The material presented during the webinar will be available after the webinar is concluded.

Program Fee

Webinar Fee: $89

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

Only prepaid registrations by credit card are allowed.

Register

If you need assistance with registering, please call Marie Jones at (254) 736-0309.

Cancellation and Refund

Refunds and Cancellations: If you register for a webinar and are unable to attend, please notify us by email and we will apply your credit toward any future webinar. For more information regarding refund, concerns and/or program cancellation policies please contact Marie Jones by email marie.jones@caacci.org or call 254-736-0309.

CPE

All participants are eligible to receive up to 1 Continuing Education Credit (CPE) to fulfill professional accreditation requirements. In order to be awarded the full credit, you must respond to 3 out of 4 polling questions asked during the program

Field of Study: Auditing. Course Level: Basic. Group-Internet Based, no prerequisites or advanced preparation required. For information regarding CPE, complaint, or program cancellation, please contact our office at 214-361-8346.

The Construction Audit & Cost Control Institute 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. Concerns regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.