Value for Money Audit

This Value for Money training course provides a basic overview and in-depth look auditing Joint Interest, Accounting procedures and processes. This Oxford training course will provide accountants and other petroleum players with an understanding of the necessary functions and operations for Joint Interest Auditing.

At the end of this Oxford Management Centre training course, you will be able to:

• Conduct a Value for Money (VFM) audit
• Identify key elements of a joint interest audit
• Develop a risk-based approach to audit
• Produce compelling Value for Money (VFM) audit reports
• Understand the best practice in investigate fraud

Participants to this Value for Money (VFM) Audit training course will receive thorough training on the subjects a variety of proven adult learning teaching and facilitation techniques. The Training methodology includes:

• Case studies from the Oil & Gas Sector
• Group discussion, group work and interactive exercises and videos
• Pre & Post course assessments to enhance learning outcomes for participants and to measure the effectiveness of this training

This Oxford training course is of direct relevance to the Oil & Gas sector and as a result the organizations will benefit greatly from their employee’s participation. The organization will gain from:

• More effective Audit support for all the staff
• Greater relevance and reliability of Audit information
• More strategic thinking and focus on performance
• More effective use of Value for Money (VFM)  Auditing of the company
• Preparation of staff for increased responsibility

This training course will be of personal benefit to delegates by providing you with:

• A better understanding of the context and importance of the work you do
• Improved knowledge and skills to improve your effectiveness
• Greater awareness of industry practices, problems and solutions
• Increased understanding and assurance to complete tasks successfully
• Increased self-confidence and motivation at work
• Greater job satisfaction in providing quality support to management
• Greater ability to supervise, develop and motivate colleagues

This training course is open to all and will be useful to all accounting professionals and auditors working within or with joint ventures particularly internal auditors that need to execute Value for Money (VFM)  or Performance reviews.

• Auditors / Auditing Managers
• Accounting Executive / Managers
• Financial Reporting Managers
• Financial Executives / Managers / Controllers /Directors
• Budgeting Officers / Executives / Managers
• Cost Controllers, Executive & Managers
• Treasurers / Managers
• Taxation & Reporting Executives / Managers
• JV Executives / Managers / Advisors
• Production Sharing Executives / Managers / Advisors
• Business / Investment Analysts & Managers
• Regulatory Compliance Officers
• Commercial Analysts, Executives & Manager