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PLEASE NOTE: This course is run in partnership with the Institute of Internal Auditors (IIA). Please visit the IIA's website or call the IIA's Training & Events Department on 0207 498 0101 for course cost and details of how to book.

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COURSE OVERVIEW

Organisations find themselves increasingly in the forefront of performance driven challenges. However, relatively few auditors have in-depth experience of VFM /Performance auditing. This unique and practical course brings together the common elements of VFM/Performance based reviewing into a single source for a reviewer.

COURSE BENEFITS

Skills:

After completion of this course, you will be able to:

• Explain the nature and purpose of VFM/performance auditing

• Plan and conduct a VFM/performance audit

• Form an opinion on the Economy, Efficiency and Effectiveness of a system

• Produce compelling VFM/performance audit reports

Support Materials:

This course is accompanied by a substantial manual that includes full briefing notes.

WHO SHOULD ATTEND

This practical course is designed for all reviewers, particularly internal auditors that need to execute VFM/performance reviews. The delegates will conduct a VFM/performance case review as part of the course structure.

COURSE Programme

What is VFM/performance auditing?

• Organisational drivers and objectives – the notion of a cascading framework of defined objectives

• VFM/performance auditing and how it relates to the meeting of organisational goals and objectives

• The challenges of VFM/performance auditing

• Relating VFM/performance auditing to key performance indicators, balanced scorecards and other forms of measurement

• The VFM/performance auditor

Initiating and planning the VFM/performance audit

• A risk-based approach to VFM/performance auditing: a model framework

• The key steps in the VFM/performance auditing cycle

• Special planning considerations for VFM/performance audits

Executing the VFM/performance audit

• Conducting the VFM/performance audit

• Working with others during the VFM/performance audit

• Setting and assigning VFM/performance audit metrics

• Issues that must be considered in the data collection process

• Issues when analysing data and extracting conclusions

• Documenting the VFM/performance audit

• Communication during the audit and quality assurance of the results

• VFM/performance audits – core processes and process improvement

• VFM/performance auditing and information technology

• VFM/performance audits of activities with an environmental perspective

Reporting the VFM/performance audit

• Producing VFM/performance audit reports

• Structure and presentation of the VFM/performance audit result – the 5S high impact reporting approach

• Distributing a VFM/performance audit report for maximum attention and impact

• Follow-up to the audit

PRESENTED BY:
This course is designed, developed and presented by MindGrove Ltd.

TRAINING

In-House Training

Public Course Schedule

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CONTACT US

Copyright 2008 MindGrove Ltd.

Call us on +44 (0)1925 732 757

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to discuss your requirements