The purpose of the Operational & Performance Auditing Training Course has been created through a professional development program designed to develop the higher level skills necessary for assessing the operational performance of the organisation, determining whether or not the organisation has operated economically and effectively, and to create operationally and performance audit recommendations for organisations.
Through this program, participants will gain a thorough and detailed understanding of how operational and performance audits are used and utilised, as well as how a variety of frameworks and tools are available to facilitate the conducting of operational and performance audits.
Delivered by Imperial Corporate Training Institute, operational and performance auditing training provides a comprehensive understanding of the contemporary operational and performance auditing practices that are used in both public and private sector organisations. The course combines training modules based on internationally recognised auditing standards and frameworks, as well as risk-based evaluation and auditing approaches. Participants will develop critical skills necessary for planning, conducting, reporting, and evaluating the outcomes of operational and performance audits to assist in the decision making process, increasing accountability, and improving the overall operational performance of their organisation.
Objectives
By completing the Operational and Performance Auditing Training Course, participants will be able to:
- Understand operational and performance auditing principles, their scope and purpose
- Differentiate between the four types of audits: Financial, Compliance, Operational and Performance.
- Plan operational and performance audits using a methodology based on risk.
- Examine whether an organisation’s operations and performance are efficient, effective and economic by using audit tools.
- Examine and assess controls in place for operations and performance Management.
- Investigate an organisation’s processes, workflows and systems to determine if they are inefficient or contain weaknesses.
- Create performance indicators, metrics and benchmarks and use them in audit work.
- Conduct fieldwork for audit purposes, using auditing techniques and methods employed to obtain evidence.
- Provide audit conclusions in clear, objective, and value-adding forms.
- Provide practical and actionable recommendations in audit reports.
- Enhance Governance, Accountability, and Performance Improvement Programs.
- Align Operational and Performance audits with organisational Strategy and Objectives.
Target Audience
This financial audit training course is suitable for professionals involved in audit, control, governance, and performance evaluation functions, including:
- Internal auditors and senior internal audit professionals
- External auditors seeking to expand into operational and performance auditing
- Performance auditors in public sector and regulatory bodies
- Risk management and compliance officers
- Finance managers and financial controllers
- Operational managers responsible for process improvement
- Quality assurance and process improvement specialists
- Corporate governance and internal control professionals
- Public sector auditors and supreme audit institution staff
- Professionals preparing for advanced auditing roles