Projects, Audit and Accountability

Before visiting a project, obtain its contract sum, start and completion dates, amount paid, physical completion, responsible department and available inspection records. Document conditions, compare payment to progress…

Identify the condition, criteria, cause, financial exposure, management response and corrective action. Separate a control weakness from a proven loss, but follow both appropriately.

Carry the approved scope, contract sum, paid amount, expected completion date and latest certification. Compare physical work to reported financial progress and document observations.