Skip to main content

Contracting Fraud Risk Management

Back to Course Schedule
Date(s): May 02, 2022
Time: 8:00AM - 4:30PM
Registration Fee: $249.00
Cancellation Date: Apr 25, 2022
Location: JOHN M. KEEL LEARNING CENTER
City: Austin
Local Hotels:
Parking Info:

Parking for SAO, Professional Development courses is in Garage B (1511 San Jacinto Blvd.). The Garage signage may read 1511 San Jacinto or Garage B. The elevator in Garage B is not reliable. If you are unable to walk the stairs, please contact the professionaldevelopment@sao.texas.gov for alternate parking arrangements. Handicapped parking is free at the meters around the downtown area.

A course coordinator will Email you a parking permit prior to the course start date. A permit must be displayed or you will be ticketed.


Course Description

All businesses have fraud risks. But the very nature of procurement and contracting relationships creates opportunities for things to go wrong and remain undetected. Among the many risks that must be managed is the possibility that the supplier or contractor will take unfair advantage of the relationship and commit wrongful acts including fraud.

In this program, we'll address the fraud risks inherent in contracting, and provide solutions for managers and auditors to use on the job to help their organizations prevent, promptly detect, and effectively handle contracting risks including fraud.


Potential CPE Credits: 8.0
Govt Hours: This class meets 8.0 hours of the 24-hour requirement for governmental CPE under Government Auditing Standards (yellow book), in most cases.
Technical Hours: This class meets 8.0 CPE credits of technical training in compliance with Texas Admin. Code Rule 523.102.

Instruction Type: Live
Experience Level: ALL
Category: Auditing

Course Objectives

Upon completion of this facilitated case study course, participants will be better able to:

  • Recognize fraud risks in contracting relationships

  • Discover what can go wrong in bidding and awarding contracts, subcontracts, and supply orders

  • Explore risks in service contracts - where deliverables are often difficult to measure

  • Identify exposures in owner contract billing and change order pricing

  • Explore how to diffuse "Cost is what I tell you cost is!" and other contractor arguments

  • Identify how, why, and when to audit contractors for compliance

  • Recognize the importance of securing strong management support for audits of contractors and suppliers

Detailed Course Outline

In this "how-to" course for government management and audit professionals, participants will learn about fraud risks from:

  • Special fraud risks present in government contracting for goods and services

  • Construction and other large contracting relationships

  • Fraud risks in determining needs and setting specifications

  • Fraud risks in the bid and tender process

  • Fraud risks in the awarding and performance of the work

  • Fraud risks in project billing and close-out

  • Fraud risks in lump-sum, cost-plus, and unit-price contracts

  • Fraud risks in construction and property management contracts


Instructors

John Hall

John J. Hall, CPA is the President of Hall Consulting, Inc., the creator of www.FraudPreventionPro.com, and the author of the award-winning book “Do What You Can! Simple Steps–Extraordinary Results”. He has been a business consultant, results coach, speaker and auditor for most of his 43-year career.  

Through live skills training programs, conference keynote presentations, business and personal results coaching, and business consulting engagements, John helps program participants and client team members:

 Identify and improve areas of exposure to business risk, wrongdoing, and fraud

·         Improve organizational and personal performance

·         Enhance the effectiveness of business processes and individual behavior

·         Improve interpersonal and communications skills

Speaking, training, coaching and consulting areas include:

·         Fraud Risk Management: prevention, deterrence, early detection and effective incident response 

·       Business keynote and conference presentations

·       Communication and interpersonal behavior skills programs, including:

 

o  Establishing business rapport and trust

o  Effective interviewing and listening

o  Speaking and presenting

o  Selling ideas and influencing others to take action

o  Leadership, collaboration and influence

o  Consulting skills for professionals

 

·         Intensive One-to-One and small group performance and results coaching

·         Board and senior management anti-fraud consulting

·         Audits of costs incurred in large construction projects and other contractor services

 In addition to operating his speaking, training and business consulting firm since 1990, he has worked in senior leadership positions in large corporations and international public accounting and consulting firms. 

John is a Certified Public Accountant (Pennsylvania). He is an active member of the National Speakers Association, the American Institute of CPAs, and the Institute of Internal Auditors.

 

Meet John

www.JohnHallSpeaker.com

www.FraudPreventionPro.com


Additional Information

TAC Rule 523.142(g) requires the CPE Sponsor to monitor individual attendance and assign the correct number of CPE credits. Participants will be asked to document their time of arrival and departure in compliance with this Rule. Additionally, attendance will be monitored throughout the day and CPE certificates will reflect actual attendance of each participant.

If you are making travel plans to come to Austin, we recommend making "refundable" air and hotel reservations or waiting until 14 days before the class to actually book your reservations. Courses are occasionally canceled or rescheduled due to low enrollment. We determine whether a course has enough participants 16 days prior to the course date. If we cancel or reschedule, we will email the participant and his or her billing contact no later than 14 days before the original class date.

The course coordinator will contact you with parking information. Handicapped parking is free at the meters around the downtown area.

Vending machines with Coca-Cola products and various snack items are available. There is also a refrigerator and microwave in our coffee bar area. Feel free to bring in your own drinks and food if you prefer.

You might want to bring a light sweater or jacket, as room temperatures vary.

To see answers to our Frequently Asked Questions, visit http://www.sao.texas.gov/training/faq.html.


Back to Course Schedule