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Value for Money Audit Course

INTRODUCTION

In today’s dynamic operating environment, organizations focus not only on results but also in ensuring the achievement of value. The ‘value’ driven culture permeates all the spheres of the organization. This shift in focus is meant to ensure that organizations achieve results in a way that also ensures value for money. However there are many performance driven challenges to achieving Value for Money (VFM). In order to establish whether an organization is achieving value, the auditor must be competent in assessing the economy, efficiency and effectiveness of the organization’s usage of resources. Auditors are faced with the challenges of undertaking value for money audit in all aspects of the audit.

DURATION

5 Days

WHO SHOULD ATTEND?

Personnel in audit, accounting and finance.

COURSE OBJECTIVES

At the end of this IRES training seminar, you will learn to:

  • Carry out an independent assessment of economy, efficiency, and effectiveness of the utilization of organizational resources;
  • Explain the state of the art technologies applicable to do value for money audit;
  • Describe the principles and practices of value for money audit;
  • Apply tools to plan and conduct Value for Money audit;
  • Monitor and evaluate the effectiveness of risk management systems;
  • Examine challenges experienced in carrying out value for money audit;
  • Examine how the organizations can achieve value for money;
  • Prepare value for money audit reports.

TOPICS TO BE COVERED

  • Setting the context for Value for Money audit;
  • Introduction to value for money audit;
  • Value for money readiness;            
  • Setting the context for value for money audit;
  • Introduction for value for money audit;
  • Value for money readiness check;
  • Value for money audit evidence value;
  • Value for money auditing approach, process, methodology and tools;
  • Value for money audit evidence value for money auditing approach.

METHODOLOGY

The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued with an Indepth Research Services (IRES) certificate.

TRAINING VENUE

The training is residential and will be held at IRES training Centre. The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION

Accommodation is arranged upon request. For reservations contact the Training Officer.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Mob:+250 789 621 067

TAILOR- MADE

This training can also be customized for your institution upon request to a minimum of 4 participants. You can have it delivered in our training centre or at a convenient location.

For further inquiries, please contact us on

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Mob:+250 789 621 067

PAYMENT

Payment should be transferred to IRES account through bank on or before C.O.B.11th May 2020.

Send proof of payment to

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Event Properties

Event Duration 5 Days
Event Date 18-05-2020
Event End Date 22-05-2020
Cut off date 11-05-2020
Individual Price(rwanda franc) R₣ 552,000
Individual Price (International) EUR 883
Individual Price(International in Dollars) USD 999
Location Kigali,Rwanda
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Contact Us

+250 789 621 067
[email protected]
Kamukina KG 501 Gate
Kigali, Rwanda

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