Operational and Performance Auditing - Online Classroom

Also known as 'value for money' or 'performance auditing', operational auditing is increasingly recognised as enhancing the role of the internal audit profession as trusted advisors to senior management.

Introducing operational/performance auditing into the internal audit toolkit will built a more mature, resilient, useful, and better equipped internal audit function. It will also provide better support for senior management and executive boards and advisory functions such as the audit advisory committees.?The concepts of economy, efficiency, and effectiveness - commonly referred to as the three Es - form the basis of operational/performance auditing.

Operational/performance auditing is a means of assisting management in improving its operations, not just identifying problems or weaknesses. These audits can help organisations become more efficient, drive better performance, and provide more value. This training course will explore the key differences for internal auditors to other types of audits, the most significant being developing the assignment plan.

Learning Outcomes

By the end of the training course, the participant will be able to:

• Identify topics for operational/performance auditing
• Apply an operational/performance audit methodology
• Create the evaluation design for an operational/performance audit
• Apply additional audit methods in fieldwork
• Validate and report findings.

Presenter: Stephen Horne PFIIA CIA CGAP CRMA
Stephen was a previous CEO of the NSWG Internal Audit Bureau and the NSW Assistant Auditor-General for performance auditing (now being undertaken across NSW Councils).

He is a qualified Company Director, Company Secretary and Internal Auditor. He was also a recent President of IIA Australia, Australia's delegate on the IIA Global Board, Chair of the IIA's Global Public Sector Guidance Committee and recently co-authored an Australian 2020 best practice publication on "Effective Internal Auditing in the Public Sector".

Online Classroom

This full one-day training program will be delivered in two 3-hour lessons (09:30 am - 12:30pm AEST) on 28 and 29 June using Zoom.
Registrations will be strictly limited to 12 participants to allow maximum interaction in the online environment.

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IIA NZ Member: $536.36 AUD
Duration and CPE: 2 x 3 hours; 6.00 hours