Performance Auditing in the Public Sector

How will this course benefit you?

Participants will be able to:

• Identify situations in which performance audit will add value

• Gain knowledge of the legislative framework for performance auditing

• Gain the required skills to perform the planning, execution and reporting phases of a performance audit.

Course Objectives

• To facilitate understanding of the objectives of performance audit and the value that performance auditing adds (outcome: to be able to identify situations in which performance audit will add value)

• To transfer knowledge with regard to the legislative framework for performance auditing in the public service environment (outcome: knowledge of the legislative framework for performance auditing)

• To transfer knowledge with regard to the theory of the performance audit methodology and performance audit process and to practiceconducting a performance audit (outcome: trainees who are skilled to perform the planning, execution and reporting phases of a performance audit).

Course Content

The course will be based on the book: Performance auditing: A Step-by-step approach (of which a copy is included in the course fee)

• Definition and why performance auditing is necessary

• Scope and objectives of a performance audit

• Audit working papers and lay-out of audit file

• Strategic planning

• Pr-engagement and planning phase

• Execution phase

• Reporting phase

• Economy

• Efficiency

• Effectiveness

• Developing audit criteria

• Audit evidence

• Project management

Assessment

Vase studies will be done throughout the course and multiple choice questions will be completed and marked after each session.