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Respond to this: A fraud examiner expert in the construction industry must possess the skills to analyze details, patterns, and inconsistencies and be aware of
Respond to this: A fraud examiner expert in the construction industry must possess the skills to analyze details, patterns, and inconsistencies and be aware of the most common or newest trends in fraudulent activity. The expert must demonstrate proficiency in investigation skills by recognizing suspicious transactions and activities that need deeper analysis and interpretation. The fraud examiner's most critical skill is to recognize anomalies, be able to follow the trail of deceit, and understand the workings of the fraudulent scheme. It is like untangling a complex spider web and following the threading all the way to the origin. The technological understanding and proficiency in analytical software assist the expert in detecting suspicious activity and performing audits at a high level of competency and reliability. Experts today must be competent in using artificial intelligence systems and understand how they work in fraud and how to use them to detect fraud. Knowledge of all current laws and regulation acts must be part of the arsenal that the expert needs to keep up-to-date to ensure the legality of their investigative techniques. Attention to detail, critical thinking, risk assessment, and management skills in the area of expertise are required to understand the construction industry
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