Introduction: construction audit basics
1. Types of construction
2. General risks
3. How construction audit is different from other audits
4. Delivering a construction audit
5. Pillars of success
6. Phases of construction projects
7. Location and benchmarking
8. Conflicts of interest
9. Project appraisal
10. Investment decision-making
11. ESG and construction
12. Building the construction team
13. Common procurement risks
14. How project procurement can be different
15. Contracting
16. Contracts
17. Earned value management
18. Inventory controls
19. Safety and site rules
20. Daily foreman reports
21. Perimeters and cameras
22. Safety and safety equipment
23. Budgets and budget reporting
24. Month-end reporting
25. Walkthroughs and inspection
26. Insurance
27. Labor and professional fees
28. Payments and payment auditing
29. Change orders and auditing change orders
30. Special considerations
31. Special types of construction
32. Procuring equipment from abroad
33. Construction fraud and considerations
34. Closing thoughts
Index
Biography
Denise Cicchella is an experienced consultant and auditor. She is a passionate educator and spreads her knowledge about audit, fraud, project management and other topics via conferences, live presentations and webinars.
Denise worked in numerous industries before specializing in construction audit and consultancy. She has worked on numerous construction projects including commercial, residential, healthcare and energy. She has helped her clients recover as much as 10% via construction audits performed.
Denise is a Certified Internal Auditor, Certified Fraud Examiner, and Certified Construction Auditor. She is a life member of the National Association of Construction Auditors and is the Founding President of the NY/NJ Chapter.
Denise earned her Bachelor’s Degree in Accounting from Loyola University in Baltimore, MD and her Masters in International Business from Fairleigh Dickinson University.
The new book "Construction Audit, Building a Solid Foundation" by Denise Cicchella, CCA is a well-documented publication full of great advice and technique for the new construction audit professional and also seasoned auditors, written by an industry expert. I will recommend members of the National Association of Construction Auditors add it to their professional library.
Edward Walsh, Executive Director, National Association of Construction Auditors
Denise has long been considered the leading global expert in construction fraud. Her career focus has been squarely in this space and it shows. She understands it to a degree that no one else does in our fraud risk management community. This book is an excellent dissection of the topic where she shares with us her vast knowledge in a way that is easy to digest. If you want to better understand construction fraud for yourself, this book is a must read.
Alexis Bell, MS, CFE
ACFE Global Board of Regents Chair, EmeritusConstruction Audit: Building a Solid Foundation is a great resource for construction auditors and can be used to facilitate training new construction auditors. Others working in the construction industry can use this book to have an understanding of what auditors review during audits. They can also use it to have an understanding of the steps needed to create a good audit trail. It takes into consideration the risks and controls in the changing construction industry. I highly recommend this book.
Eulonda N. Whitmore, CIA, CRMA, CFE, CCA
