I am currently working on a Construction Accounting Audit and I am looking for some insight for my audit program. The current objectives of the audit are
-to ensure that the construction contracts have been properly documented and completed
-to ensure that authorized expenditures are properly recorded and paid
-to ensure that amounts in subsidiary records are in balance with respective general ledger accounts
-to review the bidding process.
Are there any other items that anyone can suggest I look at? Thanks for any help!