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Saturday May 04, 2024

Performance auditing course held

By Our Correspondent
July 12, 2021

LAHORE : A refresher course on performance auditing for assistant audit officers was conducted by Directorate General Performance Audit Wing, Lahore, virtually via Zoom.

The course was attended by the officers across the country. The core effort was made to enhance the analytical skills of the participants and equip them with analytical tools and techniques in the regime of performance auditing. The contents of the course aimed at developing and enhancing core competencies to address the governance, service delivery and accountability issues in order to strengthen the legislature oversight.

In the present challenging environment unless the issues of public service delivery are addressed, the report may not fulfil the demands of stakeholders, including the Parliament, PAC, public, donors, therefore, efforts were made to train the participants to produce a comprehensive audit report.

An auditor must be well aware about the queries in mind of stakeholders and new challenges in auditing. In this short course, performance audit report templates and segments were well elaborated to the participants.

A discussion on the quality management framework was also held.

The training module was well planned and it comprehensively covered all the important areas and segments of performance auditing. Moreover, an effort was made to sharpen analytical skills of participants regarding data handling and data analysis during audit. Net present value and internal rate of return were elaborated in performance auditing and in various sectors such as construction, education, health, road transports, railway transport, water supply project and telecommunication projects. Not only the knowledge and skills were shared with the participants, but they were also allowed to exchange their views and experiences with each other, thus making the course an interactive session.