Registrations

Date/Time
Date(s) - 22/05/2023 - 23/05/2023
8:30 am - 4:00 pm

Location

Course Overview

This program has been designed to enable participants to get a detailed understanding regarding the implementation of a Performance Auditing Methodology. The training will focus on the Generally Accepted Government Auditing Standards (GAGAS) which provides government auditors with insights and standards regarding the execution of performance audits. The below highlights a list of key topics that will be addressed in this program:

• Differentiating Performance Audits from other types of audits
• Executing the Performance Auditing Methodology. This methodology will be based on The International Organization of Supreme Audit Institutions (INTOSAI) performance auditing standards. These standards will address the following:
• Framework for Performance Auditing
  • Definition of performance auditing
  • Economy, efficiency and effectiveness
  • Objectives of performance auditing
  • Applicability of ISSAI 300
• Elements of Performance Auditing
  • The Three Parties in Performance Auditing
  • Subject matter and criteria in performance auditing
  • Confidence and assurance in performance auditing
• Principles of Performance Auditing
  • Audit Objective
  • Audit Approach
  • Criteria
  • Audit Risk
  • Communication
  • Skills
  • Professional Judgement and Skepticism
  • Quality Control
  • Materiality
  • Documentation
• Principles related to the audit process
• Planning
  • Selection of Topics
  • Designing the Audit
• Conducting
  • Evidence, findings, and conclusions
• Reporting
  • Content of the Report
  • Recommendations
  • Distribution of the Report
• Follow-up

Objectives

• Understanding the difference between performance auditing and other types of audit
• Understand the performance auditing methodology as per the INTOSAI standards
• Identify the principles of performance auditing
• Identify the key elements of a Performance audit report.

Bookings