VALUE FOR MONEY

VALUE FOR MONEY PowerPoint PPT Presentation


  • 128 Views
  • Uploaded on
  • Presentation posted in: General

OBJECTIVE OF AUDIT SERVICES. AUDIT IS AN ASSURANCE FUNCTION PROVIDING ANINDEPENDENT AND OBJECTIVE OPINION ON THECOUNCIL'S CONTROL ENVIRONMENT. IT IMPARTIALLYEXAMINES, EVALUATES AND REPORTS ON THEADEQUACY OF THE CONTROL ENVIRONMENT AS ACONTRIBUTION TO THE PROPER, ECONOMIC, EFFICENTAND EFFECTIVE USE OF RESOURCES..

Download Presentation

VALUE FOR MONEY

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


1. VALUE FOR MONEY

2. OBJECTIVE OF AUDIT SERVICES AUDIT IS AN ASSURANCE FUNCTION PROVIDING AN INDEPENDENT AND OBJECTIVE OPINION ON THE COUNCIL’S CONTROL ENVIRONMENT. IT IMPARTIALLY EXAMINES, EVALUATES AND REPORTS ON THE ADEQUACY OF THE CONTROL ENVIRONMENT AS A CONTRIBUTION TO THE PROPER, ECONOMIC, EFFICENT AND EFFECTIVE USE OF RESOURCES.

3. VALUE FOR MONEY IN AUDIT ECONOMIC LOW COST BASE EFFICIENT HIGH OUTPUT HARD TARGETS EFFECTIVE GOOD PLAN ADDED VALUE

4. ADDED VALUE FROM AUDIT USE OF TECHNOLOGY ADVICE & SUPPORT ON GOVERNANCE, RISK, CONTROL, SECURITY AND FRAUD TRAINING, NEWSLETTERS & INTRANET SITE COST EFFECTIVE & PRAGMATIC APPROACH CONSULTANCY VALUE FOR MONEY AUDITS

5. MEASUREMENT OF ADDED VALUE PROFIT CENTRE POST AUDIT QUESTIONNAIRES ADDED VALUE SURVEYS MEETINGS WITH SENIOR OFFICERS AND MEMBERS

6. DEFINITIONS VALUE FOR MONEY TRANSFORMATION ADDED VALUE 3 E’s

7. TRANSFORMATION CUSTOMER CENTRIC SERVICES & SYSTEMS TOTAL PLACE SHARED SERVICES TRANSFORMATION DIAGNOSTICS INCOME OPTIMISATION BEST IN CLASS SERVICES & SYSTEMS

8. THE 3 E’s EFFECTIVE – DOING THE RIGHT THING EFFICIENT – DOING IT RIGHT ECONOMIC – DOING IT AT THE RIGHT PRICE

9. VFM AUDIT VAT / ROCKFORD = SHOW WHAT YOU CAN DO & PROVIDE PUMP PRIMING FUNDS TEMP SOLUTIONS / TEMP CONTRACT DEDICATED RESOURCE START SMALL AND BUILD INNOVATION INVENTIVE

10. VFM AUDIT UNLIMITED IDEAS – BUT NO LIST LIMITED RESOURCES USE CONSULTANTS SELF FUNDING NETWORKING CAATS SHARE IDEAS

11. IDEAS PWC IDEA ERNST & YOUNG AUDIT COMMISSION CIPFA LGA ETC, ETC

12. SHARING IDEAS - “RECIPE CARDS” OUTLINE – BASIC OBJECTIVE BACKGROUND – CONTEXTUAL SETTING METHOD – HOW TO DO IT OUTCOMES – EXAMPLES WEB SITE NOW APPROVED

13. VFM - BENEFITS CUSTOMERS GET DIFFERENT PERSPECTIVE ENTHUSES WHOLE TEAM WELL PLACED FOR STORM CASHABLE SAVINGS PROTECTS AGAINST CUTS TO MAIN SERVICE

14. VFM SAVINGS – April 2009 to October 2010 TOTAL £1,069,000 NON CASHABLE £ 888,000 CASHABLE £ 181,000

15. VFM STUDIES SKIPS LOW VALUE INVOICES & ORDERS TOP 250 SPEND ANALYSIS PURCHASE CARD OPPORTUNITIES INCOME OPTIMISATION VAT PHONES PRINTER CONSUMABLES FISCAL ENERGY POSTAGE BUSINESS RATES

16. VFM METHODOLOGY RESEARCH WIN BATTLES NOT WARS ONE HOUR FEASIBILITY STUDY HURDLES & BRICK WALLS CAATS :- ANALYSIS OF SPEND & TRANSACTION RESULTS CAN WORK FOR FRAUD, VFM & AUDITS

17. PROCUREMENT AVERAGE VALUE OF TRANSACTIONS AVAILABILITY OF CONTRACTS NATIONAL INITIATIVES TOP 250 SUPPLIERS BY SPEND CATEGORY ANALYSIS OPTION APPRAISAL USE OF CONTRACTS

18. ENERGY HUNDREDS OF BUILDINGS MILLIONS OF SPEND TECHNICAL AREA KEEP IT SIMPLE USE CONSULTANTS USE COMMON SENSE

19. VOLTAGE OPTIMISATION IDEA FROM AGMA RESEARCH CONCEPT TALK TO SUPPLIERS OBTAIN ENERGY DATA TEST CONCEPT ON “FRIENDLY” SITES DESKTOP REVIEW REPORT PILOTS

20. INCOME OPTIMISATION COMPARE YOURSELF TO AVAILABLE DATA IDENTIFY SHORTFALLS IN INCOME BENCHMARK ON SERVICES & PRICES MULTI DISCIPLINARY WORKING GROUPS BUDGET IMPLICATIONS SERVICE OFFERINGS

  • Login