As the construction industry undergoes continuous evolution, it becomes increasingly imperative to stay abreast of the latest trends and grasp the intricacies of construction audits. Talson is delighted to announce that our esteemed leader, Robert S. Bright, has been invited as a featured presenter at the forthcoming Association of Local Government Auditors (ALGA) DC Transit Authority Regional Training on February 27 – 28, 2024. This presentation promises an in-depth exploration of the contemporary drivers influencing the construction industry, shedding light on the fundamental aspects of conducting construction audits.
A pivotal distinction in construction audits lies in focusing on internal processes as the Owner versus external reviews of the Contractor’s performance. The training will delve into typical “Red Flag” observations, guiding participants in identifying potential signs of Fraud, Waste, and Abuse.
Additionally, the presentation will feature a dedicated discussion on the impact of the Infrastructure Investment and Jobs Act (IIJA) on the industry’s current environment.
The session aims to provide clarity on when, how, and what to audit during the Project Life Cycle. Understanding the participant’s role in the construction audit process is crucial for maximizing its effectiveness. Risks, best practices, and case studies will be explored, highlighting areas where risk lies and demonstrating how observations can be transformed into powerful tools for improvement.
