Irregularities, Frauds and The Necessity of Technical Auditing in Construction Industry
| Author | : | |
| Rating | : | 4.78 (527 Votes) |
| Asin | : | 1481799754 |
| Format Type | : | paperback |
| Number of Pages | : | 114 Pages |
| Publish Date | : | 2016-11-09 |
| Language | : | English |
DESCRIPTION:
The construction industry as a whole is infested with irregularities and frauds and so much so that the estimated loss is around 10%, which shall reach in excess of US $ one Trillion by 2020. The construction industry is huge expanding and expected to reach in excess of US $ 12 Trillion by 2020. If the existing internal and external auditing system does not bring in 0.5% (1/20 of the estimated waste) as savings on a regular basis, then it can be safely assumed that the system needs modifications or complete overhaul. This is very important in case of public money. Still Construction Auditing is practically performed by Accountants in all parts of the world. This also gives a set of proposals for future improvements of the existing system and the same can be used in developing counries or modified to suit each country's requirements.. The book deals with basic guide lines for Technical Auditing of construct
Having been working for a premier Government Institution dealing with construction projects, handled projects of various sizes. The Author has a rare mixture of Technical Qualifications coupled with long years of experience in the field and in teaching is in an unique position and ability to understand both the need of the Industry and the students. About the Author The Author is a Chartered Quantity Surveyor, Arbitrator and has been working as Quantity Surveyor for Dubai Municipality since 1999. Email: almameer@hotmail Tel: + (971)04- 2064558 + (971) /04 -2341303, + (971) -056-7650085 Website: almameer
The Author is a Chartered Quantity Surveyor, Arbitrator and has been working as Quantity Surveyor for Dubai Municipality since 1999. Email: almameer@hotmail Tel: + (971)04- 2064558 + (971) /04 -2341303, + (971) -056-7650085 Website: almameer . The Author has a rare mixture of Technical Qualifications coupled with long years of experien