Over 50 officers trained in performance audit
In order to clear backlog, the FBR decided to close all audit cases on the basis of certain parameters instead of conducting a comprehensive audit. PHOTO: FILE
The Performance Audit Wing (PAW) of the Auditor General of Pakistan organised three training courses on the International Standards of Supreme Audit Institutions (ISSAI) Standards and Guidelines, and Performance Audit Cycle planning and execution phases for 52 officers from across the country.
The primary objective of the course on ISSAI Standards and Guidelines was to acquaint the participants with the principles applicable to the institutions worldwide.
The course on the planning phase of the Performance Audit Cycle covered the introduction of Performance Standards Report and its components and templates, risk assessment, preliminary audit objectives and scope, and audit issues of potential significance.
The participants learned how to develop an audit design matrix.
A three-day course designed to address the key topics of the audit cycle's execution phase included entry interviews, assessment, evaluation and reporting on internal controls.
Published in The Express Tribune, September 4th, 2023.