VITARA - Audit (VITARA-AUD)

Source details

Session No.: OL 24.02
Location: Course conducted online
Date: January 23, 2024 - February 13, 2024 (3 weeks)
Delivery Method: Online Training
Primary Language: English
Qualifications: Access to a computer with a reliable Internet connection and a Google Chrome web browser is essential.

Executives and senior managers in tax administrations responsible for overseeing, developing, or managing the audit function.
HQ staff involved in setting audit policies and procedures and in the implementation of audit activities.
Recommended for tax officials who work in related areas such as compliance risk management.

Audit as a key tool to promote and enforce compliance.
International good practices in designing and managing an effective audit program, including:
- Necessary legal powers.
- Audit-related organization and governance arrangements.
- Staff expertise and resources needed for audit.
- Auditor performance evaluation.
Practical issues in audit implementation:
- How audit cases are selected.
- Different types and scope of audit.
- Audit methods available to staff.
Concepts of audit integrity and audit quality assurance.
The Random Audit Program.
Electronic audit tools and their use in conducting audits.
Introduction of a potential annual operational performance dashboard for program monitoring throughout the fiscal year.
Key components of an audit process.

Explain how audit plays a role in enforcing compliance.
Contrast the different types of treatments available to manage compliance.
Identify the legislative provisions needed to support an audit and verification program.
Distinguish the key elements of effective organization and governance for an audit and verification program.
Assess the staffing requirements for an audit and verification program, including the number of audit staff, training needs, skillsets, and how to evaluate individual performance.
Understand why segregation of duties is important and the role of headquarters in managing the audit and verification program.
Recognize the tools and systems required for the implementation of an audit program, including case selection, audit types and methods, audit case management and audit quality assurance.
Establish the different data requirements for performance measurement and analysis.
Define the audit process, including planning, conducting, recording, and finalizing an audit.