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Finance and Banking
Finance is the study of how people allocate their assets over time under conditions of certainty and uncertainty.
Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.
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Course Title: Value for Money Audit

Venue: Kampala, UGANDA  
Learning Duration:  2 weeks 
Starting: 31 Jul 2017  Ending: 11 Aug 2017
Fees: 1500 USD
Payment Details: to cover tuition and training materials only.

In today's dynamic operating environment, organisations focus not only on results but also in ensuring the achievement of value. The 'value' driven culture permeates all the spheres of the organisation. This shift in focus is meant to ensure that organisations achieve results in a way that also ensures value for money. However there are many performance driven challenges to achieving Value for Money (VFM).

In order to establish whether an organisation is achieving value, the auditor must be competent in assessing the economy, efficiency and effectiveness of the organization's usage of resources. Auditors are faced with the challenges of undertaking value for money audit in all aspects of the audit.


Personnel in audit, accounting and finance.


At the end of the course participants will be able to:

  • Carry out an independent assessment of economy, efficiency, and effectiveness

of the utilization of organizational resources;

  • Explain the state of the art technologies applicable to value for money audit;
  • Describe the principles and practices of value for money audit;
  • Apply tools to plan and conduct Value for Money audit;
  • Monitor and evaluate the effectiveness of risk management systems;
  • Examine challenges experienced in carrying out value for money audit;
  • Examine how the organizations can achieve value for money;
  • Prepare value for money audit reports.


  • Setting the context for Value for Money audit;
  • Introduction to Value for Money audit;
  • Value for Money readiness;
  • Setting the context for value for money Audit;
  • Introduction for value for Money Audit;
  • Value for money readiness check;
  • Value for Money audit evidence value;
  • Value for Money auditing approach, process, methodology and tools;
  • Value for Money audit evidence value for money auditing approach, process,

methodology and tools;

  • Value for Money audit evidence.

Course No:  2017-07-31-3-9-1896



2 Jul 2018
  BUSINESS SCHOOL CALENDAR FOR 2018   ESAMI Business School is inviting applications for its degree programmes scheduled to commence as below.     DBA COMMENC...
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