LAHORE:Performance Audit Wing (PAW), Lahore conducted three audit courses which are designed and conducted to improve and strengthen the skills of the participants under the supervision of the qualified trainers.
These courses included a two-day online course on “Audit of Disaster Management” for audit staff of Directorate General Audit (Climate Change & Environment) Islamabad; three-day course on “Data Analysis In Performance Auditing”; and two-day course on “Report Writing Process In Performance Auditing”, according to a spokesman of the department here Sunday.
Fifty six officers across the country participated, the goals of these courses were to comprehensively cover all the important areas of audit of disaster management; to develop analytical and practical skills and reporting skills of the officers engaged in audit activities.
He elaborated that these training programmes were well-planned and covered almost all the topics related to the disaster risk assessment, risk reduction, prevention, mitigation and governance framework for managing disaster, concepts and techniques about social benefits & costs, financial and economic analysis, time value of money, concepts of compounding and discounting, sensitivity testing, net present value & internal rate of return, sensitivity analysis, output budgeting, ratio analysis, analysis of cost/time over run, correlation coefficient, trend analysis & regression and simple statistical measures, stages of performance audit report (PAR) and its reporting process, creating high impact PARs, form and content of a PAR and preparation & approval of the final PAR, template and segments of PAR and tools & techniques used during preparation of performance audit report. Case studies, short scenarios and practical exercises were also discussed to engage the participants and make the learning experience more interactive and meaningful, he mentioned and asserted that the course contents were designed to ensure a logical order keeping in view the conduct of performance audit.
The participants were also provided with lecture material in soft form enabling them to get maximum benefit from the course.
During the respective courses, the officers shared their feedback regarding the training sessions and gave their views that these sessions increased their knowledge and skill capacity of performance auditing.
They appreciated the efforts of the PAW and assured to implement entire knowledge in practical field work.
Director General PAW Muhammad Sami Ullah Teepu addressed the officers and hoped that these training activities would enhance the understanding and quality of their work. He appreciated the efforts of his team members for conducting the courses successfully. At the end, he awarded certificates to the participants.