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Chartered Accountants providing cost assurance on major open book contracts

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Be charitable, but not a charity: as clients navigate this period of uncertainty don’t be naïve with your supply chain

Be charitable, but not a charity: as clients navigate this period of uncertainty don’t be naïve with your supply chain

Be vigilant Over the past few weeks there has been no shortage of helpful advice...

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“How effective is your NEC cost-assurance?” NEC users’ group newsletter

“How effective is your NEC cost-assurance?” NEC users’ group newsletter

We were delighted to be asked to contribute an article on cost-assurance to the NEC users’ group newsletter...

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NEC4 Webinar: Enhance trust and collaboration through effective assurance

NEC4 Webinar: Enhance trust and collaboration through effective assurance

This webinar will demonstrate how NEC4 seeks to enhance trust and collaboration and how this...

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NEC Webinar: Cost Effective Assurance

NEC Webinar: Cost Effective Assurance

The role of Cost Assurance is to provide parties to a contract or a programme...

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Why the traditional, substantiation approach to cost checking misses major issues

Why the traditional, substantiation approach to cost checking misses major issues

Substantiation is of limited value Under cost reimbursable or target cost arrangements, clients need to...

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Cooky blew my stash – How NEC4 works to avoid this

Cooky blew my stash – How NEC4 works to avoid this

NEC4 and the importance of avoiding a fait accompli Cooky blew my stash When I...

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Benchmarking construction arrangements in Internal Audit (and my garden shed)

Benchmarking construction arrangements in Internal Audit (and my garden shed)

My garden shed My old garden shed was falling to pieces and so I decided...

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Developing your Internal Audit team: beware the bow tie

Developing your Internal Audit team: beware the bow tie

Finding the right people can be challenging It’s a while since I had a proper...

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Sufficient reliable evidence: avoiding the disappointing pudding

Sufficient reliable evidence: avoiding the disappointing pudding

The disappointing pudding I recently took my youngest daughter to dinner at a well-known restaurant...

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There is no such thing as mutual trust

There is no such thing as mutual trust

A psychologist friend of mine once explained to me that trust is a personal thing....

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A lesson from Carillion

A lesson from Carillion

Avoid the unnecessary risk of becoming a creditor to an insolvent company by avoiding overpayments...

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NEC4: how effective assurance could enhance the NEC4 Alliance Contract

NEC4: how effective assurance could enhance the NEC4 Alliance Contract

Some examples of assurance The word assurance is not well understood.   To aid this understanding...

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