. Introduction
a. Understanding the Basic Contracting Process
b. Common issues in contracting and issues in auditing contracts
c. Introduction to Case Study
II. Exposures and Opportunities
a. Key elements of the contracting process
b. Contract components – what and why
c. Exposures in contracting
d. Contract audit findings
III. Basics of Contract Auditing
a. Contract audit objectives and strategy
b. Audit Planning and Assessing Risk
c. Developing a Contract Audit
IV. Fraud Considerations of Contract Auditing
a. Key Areas of Fraud Risk
b. Fraud Detection
V. Auditing Costs
a. What are relevant costs
b. Common cost exceptions and how to find them
VI. Leading Practices
a. Tools and Procedures
b. Leveraging technology in contract auditing
c. Building a Leading Practice Contract Template