Auspicium

Talk About Fraud is a sister site for Auspicium. Feel free to browse both sites, If you have no time or have not reviewed Auspicium, this is a round up of what has been going on:

  • Software as a Service: LabHost, Only it’s for IT Fraud – LabHost has hit the news on the morning of April 18. They were selling templates for frauds and scams. Originally LabHost was a leader in data hosting. But they found a “new revenue stream” in fraud.
  • Construction Audit: Why should we be auditing safety? – Here at Talk About Fraud, we have started a series of fraud tips, at Auspicium we do the same for construction audit. Come on over and read about why Safety is such an important area to audit when auditing construction projects.
  • What we can learn from Copenhagen’s “Notre Dame” Fire? – Over the years, we have seen landmarks that have been standing tall for hundreds of years, but a fire or other disaster comes along and within seconds, the landmark is no longer standing. In this compelling post, we explore possible reasons why.
  • Trafigura reaches agreement on U.S. DOJ Investigation – Trafigura is another big entity (one of the largest commodity trading companies) cast down by a breach of the Foreign Corrupt Practices Act (FCPA). This post recaps what the FCPA is and what can happen if a breach of FCPA happens. It also looks at the benefits of coopoerating on the investigation. For Trafiura, their cooperation greatly reduced their liability.
  • OSINT – This blog looks at what OSINT is – open source intelligence and the benefits of using OSINT in an audit capacity. OSINT can help with many valuable functions and the use of OSINT can help companies gain advantages over the competition.
  • Auditing Construction in Energy – Here at Talk About Fraud, we have started a series of fraud tips, at Auspicium we do the same for construction audit. Come on over and read about why auditing construction in energy is different but also some practical insight into how to tailor your audit program for energy.
  • Office of Federal Contract Compliance Programs (OFCCP) launches it’s new megaproject compliance efforts. Here at Talk About Fraud, we have started a series of fraud tips, at Auspicium we do the same for construction audit. Come on over and read about the new requirements the OFCCP has imposed on federal projects over $35 million and lasting over one year.
  • Attributes Audit Committees are looking for in internal and external auditors? Recently while teaching a course on audit committees, a student asked what audit committees want in internal or external auditors. This post answers that.
  • Auditing Third Parties This post examines why we need to be auditing third parties and what steps should be taken during the audit.
  • Change Orders and Project Risk Here at Talk About Fraud, we have started a series of fraud tips, at Auspicium we do the same for construction audit. Come on over and read about what change orders are and why we should be concerned. We also look at who to audit the change orders. More is covered in my book Construction Audit Building a Solid Foundation, due for release in Summer 2024. If you can’t wait, check out this blog post for some relevant and functional tips and tricks. If that is not eneough, contact us at Auspicium, we are happy to help.
  • Construction Audit Program Here at Talk About Fraud, we have started a series of fraud tips, at Auspicium we do the same for construction audit. Come on over and discover six key steps you should follow to create a robust and workable construction audit program. More is covered in my book Construction Audit Building a Solid Foundation, due for release in Summer 2024. If you can’t wait, check out this blog post for some relevant and functional tips and tricks. If that is not eneough, contact us at Auspicium, we are happy to help.
  • Sabotage I recently had the pleasure of teaching a course on Sabotage, a risk that is always on my radar screen. Find out more here.
  • What makes a Good Construction Auditor Here at Talk About Fraud, we have started a series of fraud tips, at Auspicium we do the same for construction audit. Come on over and discover what makes a good construction auditor.

All these posts are available to read, comment on, and share. Come back often, we are updating all the time!