Auditing change orders, contingency and allowances

Construction projects are a constant stream of change. Each work package is subject to adjustments based on changes to job sites, designs, market conditions, schedules and resources. Auditors cannot and should not try to stop projects from experiencing change, however, they should ensure that project changes comply with the contract terms. This webinar will focus on the action items that an auditor can perform to identify the financial risk of changes and quantify the impacts.         

 In this on-demand webinar, viewers will learn:

• Why budgets and contract values change
• Financial risks of project changes
• How to test project changes for contract compliance

For more information on this topic, or to learn how Baker Tilly construction and real estate specialists can help, contact our team.