Write a one-page audit report of this project:
St. Dismas Assisted Living Facility Case-6 It was a beautiful day in mid-May 2001. The St. Dismas hospital Assisted Living Facility project was nearing conm pletion. As usual, the construction project manager, Kyle Nanno, was thinking about the construction project'sdiscuss the problems. contractor that St. Dismas would pay overtime to catch up, but the speed-up was temporary, and the job contin- ued to be late. Kyle was not quite sure why. Progress just seemed to be in slow motion. He decided to meet with Fred Splient, the President and CEO of St. Dismas, to schedule. It seemed to him that work on finishing the interior of the building was slowing down a bit. He knew that the final weeks of a project always seemed to take for ever, but he also knew that the project was running almost two weeks late as a result of a problem encountered during Fred suggested that Kyle call in someone to audit sched- ule carefully. Fred also wanted the auditor to look at the project expenses to date. Fred had just received a crude spreadsheet from the CFO, and it did not reflect the progress he thought should have been made as this the project, in particular to examine the project e excavation phase of th During March and April, it appeared that they were e construction project. project was coming to an end. catching up. Kyle had discussed with the construction CASE . 287 ALF Program Expenses as of 5/24/01 Actual as of 5/24/01 Budgeted Remaining $ Construction Costs: Building Contingency $6,743,000.00 674,300.00 600,000.00 05,000.00 $6,743,000.00 453,277.00 600,000.00 354,332.00 0.00 221,023.00 0.00 50,668.00 Program development & equipment costs Furniture A&E fees 400,000.00 249,679.00 150,321.00 St. Dismas Assisted Living Facility Case-6 It was a beautiful day in mid-May 2001. The St. Dismas hospital Assisted Living Facility project was nearing conm pletion. As usual, the construction project manager, Kyle Nanno, was thinking about the construction project'sdiscuss the problems. contractor that St. Dismas would pay overtime to catch up, but the speed-up was temporary, and the job contin- ued to be late. Kyle was not quite sure why. Progress just seemed to be in slow motion. He decided to meet with Fred Splient, the President and CEO of St. Dismas, to schedule. It seemed to him that work on finishing the interior of the building was slowing down a bit. He knew that the final weeks of a project always seemed to take for ever, but he also knew that the project was running almost two weeks late as a result of a problem encountered during Fred suggested that Kyle call in someone to audit sched- ule carefully. Fred also wanted the auditor to look at the project expenses to date. Fred had just received a crude spreadsheet from the CFO, and it did not reflect the progress he thought should have been made as this the project, in particular to examine the project e excavation phase of th During March and April, it appeared that they were e construction project. project was coming to an end. catching up. Kyle had discussed with the construction CASE . 287 ALF Program Expenses as of 5/24/01 Actual as of 5/24/01 Budgeted Remaining $ Construction Costs: Building Contingency $6,743,000.00 674,300.00 600,000.00 05,000.00 $6,743,000.00 453,277.00 600,000.00 354,332.00 0.00 221,023.00 0.00 50,668.00 Program development & equipment costs Furniture A&E fees 400,000.00 249,679.00 150,321.00
