Auditing of Projects and Contractors is a comprehensive training course that will help you to understand the audit planning process and the subsequent execution of the audit of projects and contractors in order to meet the determined audit objectives.
This training course seeks to provide you with skills such as project risk assessment, appreciating the scope of risk associated with contractors, and formulating a well-designed audit program. By applying these skills, you will be able to perform a comprehensive audit and obtain sufficient audit evidence to formulate an audit opinion and to report and implement your findings.
Understanding the integration of projects and contractors
Techniques for project risk assessment
Appreciating how to audit planning impacts the audit process
Skills to conduct the audit of projects and contractors
Development of management skills in the audit process
Formulation of audit findings for effective implementation
How to use project audit to improve project efficiency and outputs
Financial Managers who wish to broaden their scope of understanding of the audit of projects and contracts
Project Managers who will benefit from understanding the risk assessment and audit process in order to improve project outputs
Internal Auditors who wish to develop their technical skills and compliance
External Auditors who are involved in interim audits or agreed-upon procedures
Accounting Professionals who wish to improve their career opportunities
Any key stakeholder in the implementation of material projects
Overview of the project management process
Project activities and lifecycle
Key players within projects
Basic terminology of project management
Understanding the procurement process
Scope of contractors in the project
Compliance background
Project assurance
Definition of the project audit
Objectives of the project audit
The benefit of the audit
Users of the audit
Principles of the project audit
Risks and responses of projects
Risk and responses of contractors
Process of the project audit:
Preparatory phase
Performance phase
Evaluation / analytical phase
Conclusion phase
Pre-engagement planning
Risk assessment
Review of resources
Overview of audit methodology
Audit methodology according to individual phases and areas
Property management teaches you effective ways to manage, administer, and sell property owned by another party or entity. Professionals may handle all aspects related to a property, from finding potential buyers, maintaining house integrity, or making sure tenants respect their contractual obligations. Managed properties include residential and vacation properties, commercial retail space, or industrial warehouse space. The real estate and property management discipline deals with four major areas: marketing and financial aspects, tenant and occupancy, facilities of the property, and administration and risk. Real estate and property management integrate theories from other disciplines like accounting, finance, business administration, and strategic management.
This conference will emphasize awareness of project risk management to minimize project cost/schedule overruns & improve project execution.
Project management is all about the management of risks; the ability to seize opportunities, minimize threats, and optimize results. However, risk management is too often treated as a reactive process, or worse, not done at all. In this Project Risk Management conference, you’ll work through the proactive approach to both sides of risk: threats and opportunities. The approach is based on a clear understanding of both qualitative and quantitative approaches to risk management.
This new program provides you with the latest thinking, methods, and tools to be able to complete the two most important areas of training –TNA and Evaluation. In today’s difficult financial climate these are the two areas that will make a difference to any training function.
The thorough course "Aggressive Tax Planning Strategies and Management" aids professionals in navigating the complexities of tax legislation. Within the context of current tax laws and settings, this course provides useful tax planning techniques. By the end of the course, participants will have ways to increase their short-term tax deductions and decrease their long-term tax exposure. Most likely, the most important step towards financial independence and control is effective tax preparation.The concept is really simple: the more money you earn at a lower or tax-free rate, the more money you get to keep. Your money begins to work for you if you reinvest this money wisely, creating a stream of passive income that could eventually lead to large amounts of usable wealth.
This is an intensive 5 days training to provide a comprehensive understanding of the design, inspection, and maintenance of process piping based on API 570 standards. It aims to provide the oil, gas, and petrochemical industries with the assurance that piping inspectors have been trained under this internationally recognized program to have the required knowledge and experience for inspection of in-service process piping.
The late delivery of projects has become the scourge of project professionals worldwide. Countless numbers of projects undertaken by organizations in the private and public sectors significantly overrun the project schedule and budget, and as a consequence fail to achieve the organization's financial and strategic objectives, often with sizable increases in costs and with substantial financial losses to the organization. Why?
This is due mainly to the failure of many project professionals to successfully apply the tools and techniques of modern project planning, scheduling, and control to their projects. Likewise, the development of reliable cost estimates during the design and early conceptual stages of a proposed project is of critical importance to the success of the project.
The decision to proceed with a project is often based almost exclusively on early conceptual cost estimates, and these estimates provide the basis for the cash flow projections and forecasts used during the project feasibility study. Unreliable cost estimates can result in significant cost overruns later in the project life when it is too late to contain them.
In addition to the potential financial losses suffered by the organization, many such projects subsequently fail to deliver the required quality of outcomes intended for the project as a direct consequence of poor estimating. Budgeting inaccuracies inevitably result in lower quality workmanship and materials.
The estimating techniques and processes covered in this conference will provide delegates with the necessary skills to forecast accurately the anticipated costs of projects with a focus on budget estimates, estimates for pre-construction services, estimating contractor and sub-contractor work, estimating general conditions, pricing self-performed work, estimating negotiated contracts, and performing lump sum and unit-price estimates.
This conference will significantly enhance the skills and knowledge of delegates and improve their ability to properly plan and schedule their projects, as well as perform estimates at both the conceptual and detailed levels, and to compare feasible alternatives quickly and efficiently.