LAHORE: Lahore region’s Performance Audit Wing (PAW) conducted three courses on the audit of disaster management, data analysis and report writing. Up to 56 officers from across the country attended the courses.

These courses, according to a press release, were designed to improve the skills of the participants. The goals of these courses were to cover the important areas of audit of disaster management, to develop analytical and practical skills and reporting skills of the officers engaged in audit activities.

These training covered almost all the topics related to the disaster risk assessment, risk reduction, prevention, mitigation and governance framework for managing disaster, concepts and techniques about social benefits and costs, financial and economic analysis, time value of money, concepts of compounding and discounting, sensitivity testing, net present value and internal rate of return, sensitivity analysis, output budgeting, ratio analysis, analysis of cost/time over run, correlation coefficient, trend analysis and regression and simple statistical measures, stages of performance audit report (PAR) and its reporting process, creating high impact PARs, form and content of a PAR and preparation & approval of the final PAR, template and segments of PAR and tools and techniques used during preparation of performance audit report.

Published in Dawn, October 3rd, 2022