An independent auditing process to evaluate the measures instituted by management to ensure that allocated resources are procured economically and utilized efficiently and effectively and, if necessary to report thereon.
Why conduct performance audits?
Performance auditing encourages learning and change within the public sector by providing new information and drawing attention to various challenges. It contributes to improvement and reform in public administration, providing the government with recommendations based on independent analysis. Thus, it adds value to the traditional functions of SAIs.
Performance auditing plays an important role in keeping the legislative well informed about governmental actions and the outcome of its own decisions. It increases public transparency and accountability, providing objective and reliable information on how public service perform.