The performance audit wing organizes three courses

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LAHORE, (UrduPoint / Pakistan Point News – October 2, 2022): Performance Audit Wing (PAW), Lahore has organized three auditing courses which are designed and delivered to improve and enhance the skills of the participants under the supervision of qualified trainers.

These courses included a two-day online course on “Disaster Management Auditing” for audit staff of the Audit Branch (Climate Change and Environment) Islamabad; three-day course on “Data Analysis in Performance Auditing”; and a two-day course on “Report Writing Process in Performance Auditing,” according to a department spokesperson here on Sunday.

Fifty-six officers across the country attended, the objectives of these courses were to comprehensively cover all important areas of disaster management auditing; develop the analytical and practical skills and reporting skills of officers engaged in auditing activities.

He explained that these training programs were well planned and covered almost all topics related to disaster risk assessment, risk reduction, prevention, mitigation and governance framework for disaster management, concepts and techniques on social benefits and costs, financial and economic analysis, time value of money, capitalization and discounting concepts, sensitivity tests, net present value and internal rate of return, sensitivity analysis, production budgeting, ratio analysis, cost/time overrun analysis, correlation coefficient, trend analysis and regression and simple statistics measurements, performance audit report (PAR) steps and its reporting process, creation of PAR impact, form and content of a RAP and preparation and approval of the final RAP, RAP template and segments and tools and techniques used during the preparation of the au said performance report.

Case studies, short scenarios and practical exercises were also discussed to engage participants and make the learning experience more interactive and meaningful. He mentioned and asserted that the course content was designed to ensure a logical order keeping in mind the conduct of the performance audit.

Participants also received course materials in a flexible form allowing them to get the most out of the course.

During the respective courses, the officers shared their feedback regarding the training sessions and indicated that these sessions increased their knowledge and skills in performance auditing.

They appreciated the efforts of the PAW and ensured to implement the body of knowledge in practical field work.

PAW Director General Muhammad Sami Ullah Teepu addressed the officers and hoped that these training activities would improve the understanding and quality of their work. He appreciated the efforts of his team members to complete the courses. At the end, he presented certificates to the participants.

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