DUBLIN--(BUSINESS WIRE)--The "Combating
Fraud in Construction" webinar has been added to ResearchAndMarkets.com's
Mitigate the risks of construction fraud and reduce the financial losses stemming from construction fraud.
Recent statistics indicate that construction fraud is as high as 10 percent of total construction revenues annually. This would mean that fraud costs the construction industry more than 100B in the U.S. each year. Given the fast paced nature of most construction projects, identifying and preventing fraud can be extremely challenging. Project controls, record keeping, and due diligence reviews can sometimes fall by the way side as parties scramble to complete projects on time and on budget, thereby making construction projects susceptible to fraud. This topic helps construction industry professionals understand the risks associated with construction fraud as well as some of the more common types of fraud found within the construction industry. The topic will also help you identify potential signs that fraud is occurring and procedures that can help reduce the risks of fraud. This topic is essential for construction professionals to mitigate the risks of construction fraud and consequently help reduce the financial losses stemming from construction fraud.
Sashi Mahtani - Kenrich Group LLC, Kimberly R. Reome - Kenrich Group LLC
- You will be able to define construction fraud.
- You will be able to describe common types of fraud associated with the construction industry.
- You will be able to identify ways to mitigate the risks of construction fraud.
- You will be able to recognize potential indicators of construction fraud.
Who Should Attend:
- Construction Managers
- Project Managers
- Vice Presidents
- Contract Managers
- Insurance Professionals
Key Topics Covered:
- Introduction to Fraud
- What Is Fraud?
- Fraud in the Construction Industry
- Types and Examples of Construction Fraud
- Bid Rigging
- Asset Misappropriation
- Other Types of Construction Fraud
- Construction Fraud Case Examples
- Detecting Construction Fraud
- Fraud at Various Stages of the Construction Process
- Common Signs of Fraud
- Auditing Construction Costs
- Bid Review/Comparison
- Change Order Review
- Mitigating the Risks of Construction Fraud
- Audit and Other Contract Clauses
- Site Monitoring
- Segregation of Duties
- Competitive Bidding
- Monitoring Construction Costs
- Implementing and Maintaining Adequate Project Controls
For more information about this webinar visit https://www.researchandmarkets.com/research/js7ts6/combating_fraud?w=4