HOW WE CREATED A TWO DAYS TRAINING ON THE BASIS OF THE RAP GUIDE AND THE CASE STUDIES Ms. Edit NÉMETH, Hungarian CHU ASTANA 25th of September, 2014

2 TRAINING PROGRAMS PIFC-training II. - Risk based planning - for internal auditors PIFC-training II. - Risk management - for heads and financial managers of public budgetary organisations

3 HOW IT IS WORKS? Practice-orineted training – the purpose to make the participant THINK All participants must be active and cooperate / it is a condition of getting the certificate Max. 24 persons Participants are divided into 4 groups – at start we ask everybody to introduce themselves and we try to make mix the groups (in order not to have 4 auditors from the same institution at the same table) 2 trainers / during group work trainers goes to the groups and help if they need We provide case study of KEPZISZTAN (TRAINSTAN) – it is based on the case study which we were doing in Tirana and St. Petersburg – we had to tailor made to Hungarian situation - to have familiar case, because if the participants feels they can’t imagine such kind of situation, they don’t see the known definitions – they say it is not helping us We provide empty forms to help the solution Every phase of the training start with a 10 minutes presentation on the theory and some explanation what expect from them After every phase the tables reporting back the results – and we discuss what was good and why and what was bad and why We provide solutions for audit universe to have the common base for the further steps

4 RISK BASED PLANNING - FOR INTERNAL AUDITORS 1. Creating groups9. Presentation: Risk formulation 2. Debate: Is the risk based auditing useful and needed? (Pro & Contra groups) 10. Group work: Risk formulation and creating criteria for evaluation (end of first day) 3. Presentation: legal and professional background of risk based auditing 11. Presentation: Risk evalutation 4. Studying the case study + Q&A12. Group work: Risk evalutaion 5. Presentation: audit universum13. Presentation: Strategic and annual planning 6. Group work: audit universum (Main elements/Subelements/What objective of the organisation is connected to?) 14. Presentation: Capacity planning 7. Presentation: risk, risk factor, risk criteria15. Group work: Strategic plan 8. Role play: two groups (IA and head of organisation) – to get information on objectives and risks from management 16. Group work: Annual Audit plan

5 RISK MANAGEMENT - FOR HEADS AND FINANCIAL MANAGERS OF PUBLIC BUDGETARY ORGANISATIONS The case study is tailor made for basis of risk management, the training structure is similar but with the following differences: Debate: Is the risk management useful? Presentation: what is the difference between risk management and risk based audit planning? How they relate to each other? Role play 1.: two groups: risk committee and managers – they should agree on risk appetite Role play 2.: two groups: risk committee and managers – they should agree on an action plan

6 EXPERIENCES DURING THE TRAINING Participants were active and very creative At the beginning some of them showed some resistance, but it decreased very quickly during the debate and it disappeared for the end Participants rated in average 4.8 at scale of 5 the trainings Participants said that it helped them to understand why audit universe is important, what the difference between risk and risk factor, how to create evaluation criteria and how to formulate risk Head of organisations also appreciated getting practical knowledge on risk management It was exhausting for the trainers

7 THANK YOU FOR YOUR KIND ATTENTION!