Construction auditing is a specialized field within the broader discipline of auditing that focuses on the financial and operational aspects of construction projects. It involves a systematic examination of construction-related activities, processes, and documentation to ensure compliance with contractual agreements, regulatory requirements, and industry best practices. The primary goal of construction auditing is to provide stakeholders with an independent and objective assessment of a project's financial health, operational efficiency, and overall performance.

This course is an introduction to construction auditing, focusing on the financial, operational, and contractual aspects of construction projects. Students will learn the essential methodologies and tools necessary to assess project compliance, detect potential risks, and ensure the financial and operational efficiency of construction projects. The course emphasizes real-world applications, from pre-construction audits to post-completion evaluations, providing an introduction to construction audit techniques, emerging trends, and best practices in the field.

Course Key Concepts: Construction auditing, contract compliance, financial audits, performance audits, construction risk management, project oversight, change order management, construction fraud detection, environmental audits, sustainability in construction.

Learning Objectives
  • Explore and understand the scope and purpose of construction auditing, including financial, operational, and contractual compliance audits.
  • Identify and mitigate risks in construction projects through systematic audit processes.
  • Discover and develop and execute an audit program and procedures to conduct efficient and effective, real-time construction audits.
Last updated/reviewed: November 26, 2024
Prerequisites
Course Complexity: Foundational
Students should have a basic understanding of auditing principles or experience in project management, construction, or accounting. No advanced preparation is required, though familiarity with construction processes or financial auditing is beneficial.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Course Outline3:32
  Introduction to Construction Auditing14:02
  Construction Auditing - Breaking Ground11:28
  Building a Strong Foundation13:52
  The Building Blocks of Construction Auditing15:00
  Putting on the Construction Auditor Hard Hat12:36
  What's in your Construction Audit Tool Box15:36
  Wrap Up Delivering Concrete Results10:14
CONTINUOUS PLAY
  Construction Auditing: From The Ground Up - An Introduction1:36:20
SUPPORTING MATERIAL
  Slides: Construction Auditing: From The Ground Up - An IntroductionPDF
  Construction Auditing: From The Ground Up - An Introduction GlossaryPDF
  Aditional Supporting MaterialsPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam