This GLOMACS Value for Money Audit training course is designed to assist the auditor in assessing whether an organization operates in a cost conscious, efficient and effective manner, and it will improve the organization’s internal audit function.
The role of internal audit is to assess the management in achieving the strategic objectives. Though generally Value for Money (VfM) audits are performed more frequently in the public sector, there are an increasing number of private companies carrying out VfM audits. However, few auditors have in-depth experience of Value for Money Auditing.
This unique practice-based training course brings together the common elements of VfM Audit based reviewing into a single source for a reviewer.
This Value for Money training course provides a basic overview and in-depth look auditing Joint Interest, Accounting procedures and processes. This training course will provide accountants and other petroleum players with an understanding of the necessary functions and operations for Joint Interest Auditing.
At the end of this Value for Money Audit training course, you will be able to:
Participants to this Value for Money (VfM) Audit training course will receive thorough training on the subjects a variety of proven adult learning teaching and facilitation techniques. The training course methodology includes:
The organization will gain:
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