Value for Money Audit and Performance Evaluation Course

Name: Value for Money Audit and Performance Evaluation Training Course
Availability: InStock

Evaluate how resources become services and outcomes through audit criteria, performance evidence, analytical testing, and defensible reporting.

Value for Money Audit and Performance Evaluation Course

At a glance

Duration: 5 days
Format: Classroom
Cities: Baku, New York, Johannesburg, Amman, Abu Dhabi, Paris and more
Next session: 12 – 16 October 2026, Baku
Average fee: 5,800 €

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Value for Money Audit and Performance Evaluation Training Course

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Overview

Value for Money Audit and Performance Evaluation Training Course is a five-day advanced course for auditors and evaluators who leave with a Value for Money Audit Evidence and Reporting Pack. The course integrates economy, efficiency, effectiveness, audit criteria, performance measures, cost and outcome evidence, analytical testing, findings, and follow-up. Participants build defensible judgments about how resources translate into services and outcomes. Agile Leaders Training Center delivers this course on value for money audit and performance evaluation.

Who Should Attend

Performance audit functions responsible for examining resource use and achieved outcomes
Internal audit functions responsible for assurance over programs, services, and operations
Program evaluation functions responsible for evidence on delivery and impact
Finance assurance functions responsible for cost, funding, and resource analysis
Governance functions responsible for accountability and performance oversight

The course assumes participants already plan or support assurance and evaluation work and leaves out introductory audit procedures and financial-statement auditing.

Departments and Industries

The course supports value for money audit and performance evaluation across public-interest and service-delivery environments.

Internal audit, performance audit, finance, and governance departments
Program management, evaluation, strategy, and policy functions
Public service, nonprofit, and development organizations
Healthcare, education, transportation, and infrastructure organizations
Energy, utilities, and regulated service organizations

Learning Objectives

By the end of this course, participants will be able to:

Apply economy, efficiency, and effectiveness to audit objectives
Build criteria, question trees, and evidence matrices
Analyze costs, outputs, outcomes, and performance measures
Evaluate data reliability and causal contribution
Develop defensible findings and improvement recommendations
Prioritize follow-up through risk and value significance

Course Agenda

Day 1: Value for Money Audit Logic

Economy-Efficiency-Effectiveness Assessment Model
Resource-to-Outcome Results Chain
Audit Objective and Main-Question Tree
Stakeholder Accountability and Responsibility Map
Audit Risk, Materiality, and Added-Value Screen

Day 2: Criteria and Evidence Design

Audit Criteria Development and Source Matrix
Subquestion-to-Evidence Planning Grid
Performance Indicator Relevance and Reliability Test
Sampling and Case-Selection Rationale
Evidence Sufficiency and Triangulation Protocol

Day 3: Economy and Efficiency Analysis

Input Cost and Quality Comparison Model
Unit-Cost and Productivity Analysis
Process Flow, Delay, and Waste Diagnostic
Benchmark Selection and Comparability Checklist
Cost Driver and Sensitivity Analysis

Day 4: Effectiveness, Findings, and Reporting

Output-Outcome Contribution Analysis
Counterfactual and Alternative-Explanation Review
Condition-Criteria-Cause-Effect Finding Structure
Recommendation Feasibility and Value Test
Executive Value for Money Report Storyline

Day 5: Value for Money Audit Practice

Suggested Exercise: Audit Question and Criteria Design
Suggested Exercise: Cost and Efficiency Evidence Analysis
Suggested Exercise: Outcome and Contribution Review
Suggested Exercise: Finding and Recommendation Challenge
Capstone Exercise: Value for Money Audit Evidence and Reporting Pack

Practical Exercises

The course uses suggested activities to turn cost, delivery, and outcome evidence into traceable audit judgments.

Suggested activity: assess unit costs and service outputs for a transportation case.
Suggested activity: test whether healthcare delivery evidence supports an effectiveness conclusion.
Suggested activity: challenge benchmarks and alternative explanations in a program review.
Suggested activity: present prioritized findings and recommendations to an oversight group.

FAQs

Who suits value for money audit and performance evaluation training, and what does it assume?

Value for money audit and performance evaluation training suits performance auditors, internal auditors, evaluators, finance assurance specialists, audit managers, and governance professionals who already work with audit or program evidence.

How does value for money audit differ from financial audit training?

Value for money audit examines economy, efficiency, effectiveness, delivery, and outcomes, while financial audit training focuses on whether financial information is presented against applicable reporting criteria.

What are the three dimensions of a value for money audit?

The three dimensions are economy in acquiring suitable resources, efficiency in converting inputs into outputs, and effectiveness in achieving intended results and outcomes.

How are value for money audit criteria developed?

Value for money audit criteria are developed from the audit objective, established expectations, program design, evidence-backed benchmarks, service requirements, management commitments, and relevant performance measures.

What makes a value for money audit finding defensible?

A defensible finding connects reliable evidence to stated criteria, explains the condition and cause, quantifies or characterizes the effect, addresses alternative explanations, and supports a feasible recommendation.

Conclusion

Participants leave with a Value for Money Audit Evidence and Reporting Pack containing an audit question tree, criteria matrix, evidence plan, analytical tests, findings, recommendations, and follow-up priorities. The pack changes disconnected cost and performance data into traceable judgments. It supports accountability and decisions about resource use, service delivery, and outcome improvement.

credits: 5 credit per day

Course Mode: full-time

Provider: Agile Leaders Training Center

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Showing 61-74 of 74 events

Location	Dates	Duration	Mode	Price
Montreux	Week 31, 2027 2 – 6 August 2027	5 Days	Onsite	€7,500
Madrid	Week 32, 2027 9 – 13 August 2027	5 Days	Onsite	€5,700
Abu Dhabi	Week 32, 2027 9 – 13 August 2027	5 Days	Onsite	€4,700
Bali	Week 32, 2027 15 – 19 August 2027	5 Days	Onsite	€5,700
Vienna	Week 33, 2027 16 – 20 August 2027	5 Days	Onsite	€5,700
London	Week 34, 2027 23 – 27 August 2027	5 Days	Onsite	€5,700
Jakarta	Week 34, 2027 23 – 27 August 2027	5 Days	Onsite	€5,700
Amsterdam	Week 35, 2027 30 August – 3 September 2027	5 Days	Onsite	€5,700
Dubai	Week 37, 2027 13 – 17 September 2027	5 Days	Onsite	€4,500
Cape town	Week 37, 2027 19 – 23 September 2027	5 Days	Onsite	€4,500
Kuala Lumpur	Week 38, 2027 20 – 24 September 2027	5 Days	Onsite	€5,200
Muscat	Week 39, 2027 3 – 7 October 2027	5 Days	Onsite	€5,700
Tokyo	Week 40, 2027 4 – 8 October 2027	5 Days	Onsite	€10,000
Vienna	Week 41, 2027 11 – 15 October 2027	5 Days	Onsite	€5,700

Frequently asked questions

What does this course cover?

OverviewValue for Money Audit and Performance Evaluation Training Course is a five-day advanced course for auditors and evaluators who leave with a Value for Money Audit Evidence and Reporting Pack. The course integrates economy, efficiency, effectiveness, audit criteria, performance measures, cost and outcome evidence, analytical testing, findings, and f…

Are training dates available?

Yes. Available dates and destinations are listed in the course dates section on this page.

How can I register?

Choose an available date on this page and complete the registration form, or send a programme enquiry.

Can I download the course brochure?

Yes. Use the brochure download link provided on this page.

Value for Money Audit and Performance Evaluation Course