In order to support the growing business, most companies often encounter the need to invest in additional infrastructure, be it in new facilities or expanding current facilities. As these construction projects involve huge sums of capital expenditure, there is a critical need to safeguard the company's investment by ensuring that construction projects are well-controlled as with any business operations. Both internal auditors and project teams need to be equipped with the right capability and tools to design and execute construction site audits and consults commensurate with the risks involved.
This program provides a basic understanding of Construction projects auditing principles and tools both for auditors as well as non-auditors with internal control responsibilities. The methodologies include a combination of lectures, case studies and discussions to provide a comprehensive learning process.
This is intended to be a basic* overview course to help get internal auditors started on construction project audits. This is also applicable to anyone who is simply interested in the construction process – whether on a large-scale (such as when you are handling a big project) or on a smaller scale (such as when you are planning to build your own home).
July 23, 2020 | 9AM - 12Noon
Topic 1 - Construction Audit Overview
July 24, 2020 | 9AM - 12Noon
Topic 2 - Construction Audit Execution
July 25, 2020 | 9AM - 12Noon
Topic 3 - Auditing Construction Processes, Policies, Procedures & Controls
Risk Management and Internal Audit Professional