MossAdams - Stephen Bacchetti

Industry Expertise

Government Services Higher Education Hospitals & Health Systems Tribal & Gaming

Practice Focus

Construction Audits & Advisory Internal Audit Process & Internal Controls

Biography

Steve has practiced public accounting since 2014. He focuses primarily on construction and performance audits for construction projects and capital improvement programs.

Steve works closely with universities, K–14 school bond programs, hospitals, Tribes and casinos, and federal contractors on construction and capital improvement projects, where project costs range from millions to billions of dollars. His experience includes planning, managing, and delivering advisory services, resulting in significant cost savings and control and reporting improvements.

In addition to his construction auditing and internal controls experience, Steve has a background in International Financial Reporting Standards (IFRS) in the transportation industry.

External Publications

Five Tips for Using Contract Language to Control Construction Project Costs (National Real Estate Investor, September 2018)
Managing a Successful Tribal Construction Project (Tribal Business Journal, March 2018)

Selected Speaking Engagements

Protect Your Assets: Improve Projects and Reduce Noncompliance
(Moss Adams Webcast, April 2020)
California Proposition 39 Performance Audits and Citizens’ Oversight Committee
(San Diego Taxpayers Association, February 2020)
Construction Costs: Are You Paying More than You Should?
(Moss Adams Webcast, August 2019)
Capital Construction Audits – Management and Audit of Construction Costs
(Native American Economic Development Conference, June 2019)
Management and Audit of Construction Costs
(PACCON 2018, December 2018)
Internal Audit Series: Managing Construction Contracts
(Moss Adams Webcast, September 2018)
Determining if a Construction Audit Makes Sense for Your Tribal Entity
(Moss Adams Webcast, September 2018)
Importance of Developing a Focused Plan for Economic Development Land Use and Master Planning
(Native American Economic Development Conference, June 2016)

Professional Affiliations

Member, American Institute of Certified Public Accountants
Member, California Society of Certified Public Accountants

Education

BS, accounting, California State Polytechnic University

Insights from Stephen Bacchetti

Harnessing Business Intelligence in the Construction Industry

Data analytics and business intelligence (BI) can help identify key problems, inform decisions, and point to solutions.

5 Ways to Help Control Common Area Maintenance (CAM) Costs

Establish lease language to help control common area maintenance (CAM) charges and facilitate transparency and control.

5 Lease Language Best Practices that Help Control Common Area Maintenance Charges

Well defined lease language can help control common area maintenance (CAM) costs and audits. Learn five best practices.

Enhancing Proposition 39 Construction Bond Programs with CBOC Expenditure Reviews

Citizens’ Bond Oversight Committees (CBOC) can contribute to a Proposition 39 construction bond program’s success.

Improve Profitability with Job Costing and Equipment Tactics

Align contract terms and equipment overhead to improve contract compliance, equipment usage, and the bottom line.

New Strategies for Commercial Property Management and Construction Planning

Key insights on planning and executing effective approaches for property management and commercial construction needs.

Construction Contract Controls for Higher Education Projects

Learn more about recommended practices and controls that support successful construction projects for higher education.

Strategic Planning and Construction in Turbulent Times for Hospitals

Before undertaking a construction project, leadership should understand and align their final project goals and agree on strategy.

Construction Contract Controls for Health Care Projects

Construction projects are some of the largest expenditures for health care organizations. Learn risk mitigation strategies.

Support Your Real Estate Strategy at Every Stage

Explore resources to help make your real estate and property management procedures more effective.

Enhance Safety and Mitigate Risk by Monitoring Service Contracts and Controls

Promote efficiency, mitigate risk, and look for cost savings by assessing and tracking building service contracts.

Embed Information within Construction Processes

Learn how your organization can implement technology solutions to enhance data reliability and track performance.

How to Manage Construction Throughout the Project Lifecycle to Build Value

Explore strategies to navigate a construction project’s life cycle from financial planning to eventual project closeout.

Construction Industry Joint Venture Audit and Compliance Considerations

A joint venture can be beneficial for large projects but it can also create a variety of process and control challenges.

Lease Audits FAQs: What to Know About Commercial Lease Agreements

Lease audits are created to examine landlord’s expenses and contract terms to ensure accurate billing to tenants.

Strategies for Organizations to Spend Federal Infrastructure Funds

Navigate infrastructure funding from the federal government and strategies to best prepare for a construction project.

An FAQ on California’s Proposition 39 and How It Affects School Districts

Understanding California Proposition 39 and accountability requirements is essential to support a successful construction bond program.

Government Capital Program Management: What to Consider

Learn best practices to efficiently and effectively manage government investments in capital assets.

Demystify Equipment Costs to Help Your Bottom Line

Contractors can help their bottom line and mitigate audit risk by better understanding their equipment and how it’s being utilized.

Hire a Construction Auditor to Reduce Project Risk and Control Budget

Construction projects can be risky, but investments of time and money could be recouped by hiring a construction auditor.

3 Contractor-Owned Equipment Tactics to Help Grow Profit and Reduce Risk

Discover strategies to help your construction company yield savings, mitigate exposure, and prevent unprofitable operations.

Strategies to Control Your Health Care Organization’s Construction Budget

Discover how choosing the right contract type and establishing clear terms can help prevent cost overruns.

5 Steps to Improve Energy Project Compliance During COVID-19

Learn how a construction audit could result in better cost, schedule, and risk management.

Overlooked Tax Strategies Can Yield Savings for Real Estate Developers

Overlooked tax strategies could present opportunities for companies to realize significant savings during COVID-19.

Holistic Approaches to Construction Projects Through 3P and Contracting Strategies

3P workshops can help you envision your future facilities and design to specific concerns while using cost-saving contract language.

How to Mitigate Project Risk During COVID-19

Learn how to help keep your health care construction project on track amidst disruption caused by COVID-19.

Protect Your Assets: Improve Projects and Reduce Noncompliance

The COVID-19 pandemic and shelter-in-place orders have changed what we expect from the people we have construction or real estate contracts with—and what we expect from contract performance. If left unchecked, ongoing business disruption can damage budgets and payment structures, completion dates, working relationships, and more. During this on-demand webcast, we’ll look at contract nonperformance and identify proactive measures you can take.

When Should Your Power or Utility Company Seek Construction Audit Services?

Construction audits introduce exciting opportunities for growth as well as significant challenges. Learn how to get started and what to expect.

How to Use Contract Language to Control Construction Project Costs

Learn how your organization can use contract language to control construction costs.

Determining if a Construction Audit Makes Sense for Your Tribal Entity

Learn if a construction audit makes sense for your tribal entity—and what to expect from your auditors.

How to Choose the Right Capital Improvement Program Auditor for Your Construction Project

Results from the right performance auditor can help organizations reduce risk and prevent cost overruns in capital improvement programs.