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Auditing: The Importance of Time and Expense

AUDITING: THE IMPORTANCE OF TIME AND EXPENSE

Cost $25.00
Presentation Length 2.0 hours

Recorded DateDecember 17, 2021
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAuditing
Course LevelBasic
Course Description

Mention time and expense audit and you will get yawns around the conference room. But this is more than just a tick mark exercise and should be taken seriously. But why? This class will talk about the importance of auditing time and expense. It will highlight fraud and errors seen through the years that are all-time and expense abuse or fraud. Though we will not go into great depth as to how to do the actual audit, we will touch a bit on it. We will see how skipping a time and expense audit can be catastrophic to the organization. We will look at how doing a time and expense audit can get you out of hot water with certain regulatory agencies.

Learning Objectives:


  • Identify why time and expense audit is important to the organization

  • Recognize some frauds that have happened and the symptoms of each

  • Summarize how problems in time and expense can affect the whole organization.

  • Recall that time and expense can be a precursor to bigger fraud.

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Auspicium

Denise Cicchella is a recognized expert in construction audit, protecting owners from the overpayment of construction costs due to error, negligence, or fraud.

Denise is a Certified Internal Auditor, Certified Fraud Examiner, Certified Construction Auditor, Project Management Professional, and Fellow of the Life Management Institute. She holds an MBA in International Business from Fairleigh Dickinson University and a BBA in Accounting from Loyola University.  She is the Founding President of the New York/New Jersey Chapter of the National Association of Construction Auditors. She has audited and led audit teams for small construction projects as well as multi-billion dollar projects.

She is an experienced trainer and can often be seen teaching domestically and internationally.

About Our Presenter

Auspicium
We are a boutique consultancy specializing in construction audit, technology, real estate, facilities management and training.