Presenter bios- Webinar – July 20- Construction contract terms and their effect on auditing.

Carina M. Kraatz JD CCP

Carina is a principal in Kitch Drutchas Wagner Valitutti & Sherbrook’s Detroit office. She focuses her practice on commercial and construction litigation marijuana and industrial hemp.  Ms. Kraatz also has a background in intellectual property and bankruptcy issues. Ms. Kraatz’s intellectual property practice includes patent and trademark prosecution and litigation on a variety of issues including image misappropriation and infringement.

Ms. Kraatz received her J.D. from the University of Detroit Mercy School of Law in Detroit, Michigan and her LL.B from the University of Windsor Faculty of Law in Ontario, Canada.  She is admitted to the U.S. District Courts of Eastern and Western Michigan as well as being registered to practice before the United States Patent and Trademark Office. She has also litigated matters in the Northern and Southern Districts of Indiana as well as Iowa state and federal courts.

Ms. Kraatz was named a Rising Star in 2019 and 2020 by Super Lawyers and has also received Pro Bono Awards from the United States Bankruptcy Court for the Eastern District of Michigan and the Detroit Bar Association for her community engagement.

John Sier, JD CCP

John Sier concentrates his practice in dispute avoidance and resolution of commercial, healthcare and construction contract issues as head of Kitch Drutchas Wagner Valitutti & Sherbrook’s construction and commercial litigation group.  In the construction industry, he has experience in analyzing legal  aspects of various project delivery methods including drafting construction contracts as well as assisting in dispute resolution and project completion. John has published articles and presented seminars on construction, healthcare and commercial issues across the country.  Following his graduation from Drake University Law School and Graduate School in 1986, he established his practice in Detroit, Michigan, from where he continues to serve clients in various parts of North America. In addition to being a Certified Mediator and serving on the AAA Panel of Construction Neutrals, he is active with several organizations, including the State Bar of Michigan, Iowa Bar Association, Detroit Metropolitan Bar Association, Catholic Lawyers Society, Associated general Contractors, Construction Association of Michigan, Construction Specifications Institute, Building Owners and Managers Association of Metropolitan Detroit, Construction Owners Association of America, and the Engineering Society of Detroit.

Presenters Bios- June 15, 2021 Webinar- Paycheck Protection Program Fraud Enforcement: What Companies Need to Know Now.

June 15, 2021 Webinar- Paycheck Protection Program Fraud Enforcement: What Companies Need to Know Now.

  • Terry Orr, CCA, CPA. Partner, HKA Consulting (Dallas)
  • Mr. Orr is a CPA with over 27 years of audit experience with international public accounting firms and over 13 years as a forensic accountant. He is a Chartered Global Management Accountant and a member of the AICPA’s Forensic & Valuation Services Section. Mr. Orr has a diverse practice conducting fraud, waste and abuse investigations and assists clients with arising disputes related to accounting misstatements and malpractice, civil and criminal fraud, breaches of contract and fiduciary duty, single business enterprise and alter egos, lost profits and lost value. Mr. Orr is experienced in corporate and white-collar fraud investigations, including Ponzi-scheme investigations, SEC investigations, and Foreign Corrupt Practices Act (FCPA) investigations.  He also serves as a court receiver.
  • Qualifications: B.S., Accounting and Business Administration, Brigham Young University, Certified Public Accountant, Chartered Global Management Accountant, Certified Internal Controls Auditor, Certified Construction Auditor
  • Matthew Adams JD – Partner, Fox Rothschild LLP (New Jersey/ New York)

–Co-Chair, Fox Rothschild’s White Collar Criminal Defense & Regulatory Compliance Practice Group

  • Officer, Association of Criminal Defense Lawyers – New Jersey (ACDL-NJ)

–Chair, ACDL-NJ Pandemic Task Force

  • Criminal trial lawyer that has represented a wide range of clients in a diverse array of criminal and regulatory defense matters across the United States
  • Frequently called upon to conduct internal corporate investigations involving financial misappropriations
  • Matthew Lee JD- Partner, Fox Rothschild LLP (Philadelphia)

–Co-Chair, Fox Rothschild’s White Collar Criminal Defense & Regulatory Compliance Practice Group

  • Former U.S. Department of Justice trial attorney
  • Focuses his practice on tax, money laundering, health care, securities, public corruption, antitrust, Foreign Corrupt Practices Act, False Claims Act and fraud offenses
  • Frequent contributor to Law360 on tax and financial crimes related matters
  • Author of Practising Law Institute’s Foreign Account Tax Compliance Act Answer Book (revised 2020)

Webinar- May 27- Estimating’s effect on audit

Presenter- Jake Ortego CCA/CCP – President of JA Cost Engineers & Advisors is a licensed mechanical engineer with over 25 years of experience in all phases of the design-construction process and extensive involvement in the project controls, project management and engineering management of industrial and commercial projects. He will lead a discussion of how estimating can impact an audit. 1 CPE available on request. https://attendee.gotowebinar.com/register/5256562097834387470

Roundtable Topics

A LIST OF TOPICS WE’LL SPEAK TO IN OUR 2021 MONTHLY NACA ROUNDTABLE DISCUSSIONS.

NACA Roundtables to discuss issues of interest to members, gather input from various industry experts, share best practices and common experiences. Some topics that can be addressed include:

1. Allowance or Contingency? Is there a difference?
2. What is the purpose of each?
3. How should estimated contingencies and allowances ceiling amount be determined?
4. What are some of the possible fraud schemes related to contingencies?
5. A good contingency clause should include…?
(note, the highlighted comments below are just some possible responses to question # 5, not to be included with promo questions)
• Clarifies whether the contingency is an owner’s reserve or a contractor’s contingency.
• Describes the types of costs (risks) for which the contingency is to be used.
• Sets out the process by which contingency is accessed during the project.
• Describes the paperwork and approvals needed to use contingency.
• Describes the supplemental funding of contingency and sharing of unspent contingency at project closeout.
• Construction contract terms and their effect on auditing? For example, identifying incentives or penalties for meeting or failing to meet certain project milestones.
• Scope of a construction audit
• Assessing audit risks
• Assessing project risks
• Auditing labor rates to search for double counting such as OCIP insurance
• Auditing the CM’s site safety procedures

2021 Conference- Note from the Executive Committee on refunds

2021 Conference- Note from the Executive Committee

NACA members,

Even after a year we are still in a strange time, where what used to be automatic is not entirely secure, like planning a live event for instance. This reality applies to our 2021 Conference scheduled for September 20-22 in Nashville.

We know most of you are truly anxious for a live event and as of today we are a go to be in Nashville, but we also must be 100% sure. We need your help to keep moving forward. The executive committee needs hard numbers of expected attendees for their June 17 meeting. For those who are sure they plan to attend we need you to “vote” affirmative by registering for the Conference no later than June 15th. 

Please be aware that if we don’t go forward with the live conference then ALL registration funds will be either returned, credited towards a virtual event or pushed forward to 2022 [your choice].  Plus you can take advantage of the early bird discount!

Everyone’s safety is our top priority and we are in conversations with the hotel to make sure all recommended and required state issued guidelines are in place. A decision will be made based on registered attendees on August 1.

Please REGISTER here.

 

Thanks very much.

> COMMENT FROM A NEW MEMBER

Linked In post

So I asked a new member how he heard of NACA….
His reply was really great…

“Thank you, Edward, for a quick follow-up. It is both my pleasure and honor to join your society. Truthfully, I came across NACA accidentally.

In the past, it happened quite often that I was supporting typical CPA accountants with technical issues in the process of auditing industrial construction projects, be it a contract, a schedule, labor/materials, not to mention investigating the claims. And I was always wondering, why, for God’s sake, the Clients, pay big bucks to the hordes of ordinary bookkeepers who don’t have even a slightest idea on how to engineer and/or construct anything.
The bottom line is while they are good for general internal ISO-type audits, they are almost helpless, when dealing with outside contractor’s documentation and records…It was only recently I found that there are quite a few companies who do employ on their staff engineering/construction experts in support of their construction audits and those typically have NACA’s “CCA” accreditation. And that does makes a lot of sense!
So, better late than late never but I feel I found finally my kind of people in a right organization.

Have a great evening and stay safe!”
THANK YOU SIR!