After completing this course, you should be able to: Describe the types of fraud that occur in construction companies, homebuilders and real estate developers; Summarize procedures and techniques to identify instances of fraud in these industries; Identify opportunities to reduce and prevent fraudulent activities with construction industry businesses and clients; Recognize the reason an auditor may choose not to focus on asset misappropriation; Differentiate why billing fraud could be higher for smaller organizations rather than larger organizations; Identify the types of fraud requiring collusion of two or more contractors; Recognize examples of improper measurement techniques; Differentiate methods that can be used to prevent corruption; Identify how auditors in unique contracting situations should proceed; Recognize the best type of contract for avoiding billing fraud.