SOME CONSIDERATION REGARDING TO PERFORMANCE’S AUDITING

Abstract

The audit of performance analyzes the expenditure of public funds, by probing the measures undertaken by the audited entities. This analysis is meant to focus and to follow up the compliance with the principles of economy, efficiency and effectiveness, and also to observe the achieved performances. The main objective of the performance audit is to provide the top management with independent information and opinions, in order to reveal a better understanding of the challenges the entity is facing. This evaluates the organization and highlights the best ways of improving economic processes, as to be able to achieve its objectives.