Value for Money Audit Course
Course Overview
| Course Title | Value for Money Audit Course |
| Organization | Tech For Development (T4D) |
| Venue | Tech For Development (T4D) Training Center along Tala Road, Runda, Nairobi |
| Duration | 5 days |
| Target Industries |
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| Target Job Roles |
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| Course Fees (Face-to-Face) | USD 1,100/KES 75,000 (Exclusive of VAT) |
| Course Fees (Virtual) | USD 1,000/KES 70,000 (Exclusive of VAT) |
| Training Modes | Virtual and face-to-face training |
| Payment | Payment should be made to the Tech For Development (T4D) bank account on or before the start of the course |
| Accreditation | Tech For Development Certificate of Course Completion |
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 T4D 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.
Course Modules
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.
Course Administration
Methodology
Instructor-led sessions use a blended learning approach combining presentations, guided practical exercises, web-based tutorials, and group work, delivered by seasoned industry experts. All facilitation and course materials are in English, so participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued a Tech For Development Certificate of Course Completion certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at the Tech For Development Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation & Airport Transfer
Arranged upon request.For reservations contact the Training Officer:
Email: [email protected]
Phone: (+254) 790 824 179
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our T4D Training Centre or at a convenient location.
Payment
Payment should be transferred to the T4D account through a bank on or before the start of the course. Send proof of payment to [email protected].
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