Courses and trainings for companies - Ernst & Young Academy of Business

Value for money audit

About the course

Each organisation should operate in a purposeful and cost conscious way in order to achieve the best results given a certain level of outlays. Management is responsible for effective management control which should achieve this strategic objective. The role of internal audit is to assess the whole process.

Our course presents the knowledge and tools to assist the auditor in assessing whether an organisation operates in a cost conscious, efficient and effective manner.

Course objectives

After completing the course the participants will know:
  • the objectives of a value for money audit
  • the relationship between a value for money audit and efficiency management
  • how to properly plan and design a value for money audit
  • how to choose audit criteria
  • what are the rules of preparing useful value for money audit reports 
  • what traps to avoid

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