Selecting and Planning Audits for Return on Investment Course

Module 1: Introduction

• Overview of performance audit phases
• Understanding the role and responsibilities of performance auditors
• Identifying key factors for audit success and failure

Module 2: Strategic Customer Value Analysis to Outcomes

• Analyzing stakeholder value and identifying end users
• Applying SWOT and Logic Model analyses for audit selection
• Setting strategic directions for meaningful audits

Module 3: Audit Selection Phase—Measuring Risk and Return

• Conducting internal and external risk assessments
• Identifying and scoring audit benefits versus costs
• Applying a structured method for prioritizing audits based on ROI

Module 4: Planning Phase—Formulating Audit Objectives

• Articulating clear and measurable audit objectives
• Identifying necessary data through precise sub-objectives
• Ensuring audit objectives align with intended outcomes and user needs

Module 5: Tracking Audit Progress and Performance Measurement

• Monitoring audit milestones and outcomes
• Using tools such as Gantt charts to visualize audit progress
• Evaluating audit effectiveness and measuring actual results