{"id":21894,"date":"2024-12-12T06:00:38","date_gmt":"2024-12-12T12:00:38","guid":{"rendered":"https:\/\/www.sequenceinc.com\/fraudfiles\/?p=21894"},"modified":"2024-10-13T20:04:04","modified_gmt":"2024-10-14T01:04:04","slug":"forensic-accounting-for-construction-claims","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/forensic-accounting-for-construction-claims\/","title":{"rendered":"Forensic Accounting for Construction Claims"},"content":{"rendered":"<p>Tracy Coenen talks about the prevalence of fraud allegations related to construction projects and the work a forensic accountant can do in construction claims. She goes through the basics of the financial analysis performed on the numbers and documents related to the construction project.<\/p>\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/beCCO9_fsKE\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><!--more--><\/p>\n<p>The construction analysis includes a comparison of the following numbers:<\/p>\n<ol>\n<li>Total expected cost of the project<\/li>\n<li>Actual work done on the project<\/li>\n<li>Funds requested by the contractor<\/li>\n<li>Funds received by the contractor<\/li>\n<li>Disbursement of funds by the contractor<\/li>\n<\/ol>\n<p>Discrepancies in the amounts in each category must be investigated, as differences may be red flags of fraud.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tracy Coenen talks about the prevalence of fraud allegations related to construction projects and the work a forensic accountant can do in construction claims. She goes through the basics of the financial analysis performed on the numbers and documents related [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21530,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[810,822],"tags":[],"class_list":["post-21894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-investigations","category-videos"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/tracy-sequence-1.png","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-5H8","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/21894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=21894"}],"version-history":[{"count":1,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/21894\/revisions"}],"predecessor-version":[{"id":21911,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/21894\/revisions\/21911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media\/21530"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=21894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=21894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=21894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}