scholarly journals Reporting and Follow-Up Recommendations for Performance Audit in Sai in the Republic of Serbia

2020 ◽  
Vol 58 (1) ◽  
pp. 117-129
Author(s):  
Aleksandar Popović
Keyword(s):  
Regulatory Compliance ◽  
The Public ◽  
State Audit ◽  
Financial Audit ◽  
Compliance Audit ◽  
Performance Audit ◽  
Performance Auditing ◽  
The Republic ◽  
Audit Approach

AbstractDevelopment of an integrated audit approach in state auditing enabled, in addition to financial audit and audit of regulatory compliance, audit of the public sector’s entities performance at the same time. Thus performance audit (success, value-for-money) gets primacy within the scope of activity of the supreme audit institutions. The goal of such an activity is to point to the development and importance of auditing effectiveness in the State Audit Institution (SAI) in the Republic of Serbia, emphasising reporting on performance auditing, detected irregularities in the use of budgetary resources and recommendations made to the public sector entities by SAI, as well as following them up for the purpose of more effective management and use of state property and state funds.

scholarly journals STANDARDIZATION OF PUBLIC AUDIT OF PUBLIC PROCUREMENT IN UKRAINE THROUGH THE INTRODUCTION OF COMPLIANCE AUDITS

2020 ◽  
pp. 156-174
Author(s):  
Nataliya ZDYRKO
Keyword(s):  
Public Procurement ◽  
The State ◽  
International Standards ◽  
The Public ◽  
Electronic Procurement ◽  
State Audit ◽  
Financial Audit ◽  
Compliance Audit ◽  
Audit Standard ◽  
Procurement System

The independent legislative agency of Ukraine according to the international standards ISSAI in private carrying out of the state audit (including the published purchases) is made. It is established that international practice has identified three components of public audit: performance audit, financial audit and compliance audit. The necessity of standardization of the state audit of public procurements through legislative fixing of audit of conformity is proved. The main objects of compliance audit are proposed: the activities of the customer (participant), public resources and the activities of responsible government agencies. Recommended main directions and procedures for compliance audit for each object and by stages of the life cycle of procurement items. Features of the audit of compliance of redistribution by the customer of various receipts for public procurement are considered. Features of audit procedures for different types of public procurement are identified. The recommended procedure and algorithm for auditing the correctness of determining the subject of procurement from the customer. The main mistakes and violations of the participants, which take place during the audit of compliance with public procurement, have been identified. The peculiarities of compliance audit at the stage of public procurement planning, pre-contractual and contractual relations in the electronic procurement system, as well as at the stage of use of procurement items are highlighted. It was emphasized that the responsible body should regulate issues related to the functioning of the electronic information system, platforms and web portal in the field of public procurement. The key elements of the Public Procurement Compliance Audit Standard (purpose, objectives, subject, objects, subjects, stages, methods, principles) are proposed.

scholarly journals Public financial control in Ukraine: state, problems, prospects

2021 ◽  
Vol 187 (1-2) ◽  
pp. 163-176
Author(s):  
Hryhorij Kaletnik ◽  
◽  
Nataliya Zdyrko ◽  
Keyword(s):  
Good Governance ◽  
Financial Control ◽  
State Budget ◽  
The Public ◽  
Current State ◽  
Financial Audit ◽  
Compliance Audit ◽  
Performance Audit ◽  
Definition Of ◽  
And Control

The authors assess the current state of public financial control in Ukraine, identifies its main problematic aspects and suggests ways to solve them. There is a direct interdependence between increasing the level of corruption and weakening the effectiveness of public financial control. Forms and types of public financial control are considered depending on controlling subjects. The authors identify forms of public sector audit according to the ISSAI standards which include financial audit, performance audit and compliance audit. The paper touches upon the necessity of legislative introduction of audit of conformity with the corresponding definition of the purpose, tasks, subjects, objects, methods and procedures. It is proposed to implement the Standard for Auditing the Compliance of Public Resources, which will define general provisions, principles and criteria of compliance audit, as well as the procedure for planning, directions, methods and control points in its implementation, generalization and implementation of results. The main generalized indicators of activity of the Accounting Chamber in the period between 2009 and 2019 are presented and the basic trends in the development of the public financial control are covered. It characterizes the number of inspected objects, prepared reports, the volume of detected violations, the number of relevant response documents and the amount of estimated funding. The structure of identified violations in the main areas includes violations of the budget legislation, inefficient management of funds and violations of the administration of the revenue side of the state budget. The basic criteria for carrying out performance audit are defined and their analytical assessment is provided. The main directions of improvement of the public financial control with the use of key characteristics of the concept of good governance are offered, the fundamentals of which include the rule of law, equality, inclusiveness, efficiency, transparency and accountability. It is recommended to introduce and use a unified report on budget offenses, which will facilitate communication between regulatory authorities and allow for receiving, processing and storeing large amounts of information on the results of auditing.

scholarly journals New public management and the rise of public sector performance audit

2018 ◽  
Vol 32 (1) ◽  
pp. 280-306 ◽  
Author(s):  
Lee D. Parker ◽  
Kerry Jacobs ◽  
Jana Schmitz
Keyword(s):  
Public Sector ◽  
Public Management ◽  
New Public Management ◽  
Content Type ◽  
The Public ◽  
Key Stakeholders ◽  
New Public ◽  
Performance Audit ◽  
Performance Auditing ◽  
Strong Control

Purpose In the context of global new public management reform trends and the associated phenomenon of performance auditing (PA), the purpose of this paper is to explore the rise of performance audit in Australia and examines its focus across audit jurisdictions and the role key stakeholders play in driving its practice. Design/methodology/approach The study adopts a multi-jurisdictional analysis of PA in Australia to explore its scale and focus, drawing on the theoretical tools of Goffman. Documentary analysis and interview methods are employed. Findings Performance audit growth has continued but not always consistently over time and across audit jurisdictions. Despite auditor discourse concerning backstage performance audit intentions being strongly focussed on evaluating programme outcomes, published front stage reports retain a strong control focus. While this appears to reflect Auditors-General (AGs) reluctance to critique government policy, nonetheless there are signs of direct and indirectly recursive relationships emerging between AGs and parliamentarians, the media and the public. Research limitations/implications PA merits renewed researcher attention as it is now an established process but with ongoing variability in focus and stakeholder influence. Social implications As an audit technology now well-embedded in the public sector accountability setting, it offers potential insights into matters of local, state and national importance for parliament and the public, but exhibits variable underlying drivers, agendas and styles of presentation that have the capacity to enhance or detract from the public interest. Originality/value Performance audit emerges as a complex practice deployed as a mask by auditors in managing their relationship with key stakeholders.

The perception of public sector auditors on performance audit in Malaysia: an exploratory study

2016 ◽  
Vol 24 (1) ◽  
pp. 90-104 ◽  
Author(s):  
Chew Har Loke ◽  
Suhaiza Ismail ◽  
Fatima Abdul Hamid
Keyword(s):  
Public Sector ◽  
Postal Questionnaire ◽  
Content Type ◽  
The Public ◽  
Public Resources ◽  
Performance Audit ◽  
Performance Auditing ◽  
Questionnaire Method ◽  
Descriptive Statistical Analysis ◽  
A Performance

Purpose – The purpose of this paper is to explore the perception of public sector auditors on performance audit in Malaysian public sector entities. In particular, this study elicits the respondents’ opinions on the elements of performance audit, the need for involvement of auditors in policy making, relevant experts to undertake a performance audit, major constraints in carrying out performance audit and the potential of performance audit to improve public administration. Design/methodology/approach – The study employed a postal questionnaire method to seek the perception of the auditors. The questionnaire was distributed to the population of public sector auditors in the National Audit Department in Malaysia and a total of 503 usable responses were received. The responses were analysed using descriptive statistical analysis including mean score and mean score ranking. Findings – The results reveal that auditors were of the opinion that effectiveness element should be one of the performance audit elements and that public sector auditors should be given the opportunity to influence policy decisions. In addition, the results show that the public auditor is not the only profession that can carry out performance audit, but can team up with other professions. In relation to constraints in performance audit, “Lack of cooperation and commitment from auditees in conducting a performance audit” was claimed to be the topmost constraint. Furthermore, performance audit was claimed to be able to enhance public accountability, as well as to enable more economical, efficient and effective utilising of public resources. Originality/value – This paper is one of few studies on public sector auditing particularly on performance auditing in the context of a developing country (i.e Malaysia).

scholarly journals REKOMENDASI BADAN PEMERIKSA KEUANGAN UNTUK PENGUATAN TATA KELOLA KEUANGAN NEGARA YANG BAIK

2017 ◽  
Vol 6 (2) ◽  
pp. 153
Author(s):  
Djatu Apriellia
Keyword(s):  
Information System ◽  
Public Officials ◽  
Legal Research ◽  
The Public ◽  
Criminal Sanctions ◽  
Financial Governance ◽  
The Republic ◽  
Administrative Sanctions ◽  
Research Show

The audit board of the republic of Indonesia (BPK) examination results in recommendations that must be followed by the public officials. Recommendations are needed for improvements in the management of financial governance. This research is normative as for the issues discussed in this research are first the follow-up monitoring arrangements on BPK recommendations and the sanctions if the recommendation is not followed by the audited entity. This legal research was conducted by examining the primary legal materials and secondary law. The results of this research show that normatively monitoring arrangements follow up on BPK recommendations currently using Peraturan BPK Nomor 2 Tahun 2017 which will use the information system so that the implementation of the follow-up monitoring of the audit board recommendations will be faster, more accurate, and efficient. Furthermore, if the public officials did not discharge the audit board recommendation then will be subject to administrative sanctions and criminal sanctions, but BPK has not had mechanisms and procedures for reporting to the police departement if the recommendation that has not been or is not acted upon by the audited entity. Hasil pemeriksaan BPK menghasilkan rekomendasi yang wajib ditindaklanjuti oleh pejabat. Rekomendasi diperlukan untuk perbaikan-perbaikan manajemen dalam menciptakan tata kelola keuangan negara yang lebih baik. Penelitian ini merupakan penelitian normatif adapun permasalahan yang dibahas dalam penelitian ini adalah pertama pengaturan pemantauan tindak lanjut rekomendasi hasil pemeriksaan BPK saat ini dan kedua sanksi apabila rekomendasi BPK tidak ditindaklanjuti oleh entitas yang diperiksa. Penelitian hukum ini dilakukan dengan cara meneliti bahan hukum primer dan bahan hukum sekunder. Hasil penelitian ini menunjukkan bahwa secara normatif pengaturan pemantauan tindak lanjut rekomendasi hasil pemeriksaan BPK saat ini menggunakan Peraturan BPK Nomor 2 Tahun 2017 yang akan menggunakan sistem informasi pemantauan tindak lanjut sehingga pelaksanaan pemantauan tindak lanjut rekomendasi BPK akan lebih cepat, akurat, dan efisien. Selanjutnya apabila pejabat tidak melaksanakan rekomendasi BPK maka akan dikenai sanksi administratif maupun sanksi pidana, namun BPK belum memiliki mekanisme dan prosedur pelaporan kepada pihak kepolisian apabila rekomendasi BPK yang belum atau tidak ditindaklanjuti oleh entitas yang diperiksa.

scholarly journals The concept of public audit in accordance with INTOSAI professional statements (IFPP)

2020 ◽  
Vol 4 (3) ◽  
pp. 42-48
Author(s):  
Iryna Drozd ◽  
Mariia Pysmenna
Keyword(s):  
International Standards ◽  
Practical Implementation ◽  
Strategic Objectives ◽  
World State ◽  
State Audit ◽  
Financial Audit ◽  
Compliance Audit ◽  
New Type ◽  
Principles And Standards ◽  
High Level

Introduction. The article is devoted to the study of improving the types of public audit in accordance with the strategic objectives set by the international organization of supreme audit institutions INTOSAI, which has adopted standards of public audit in the form of professional statements IFPP. Aim and tasks. The purpose of the article is a theoretical and methodological justification of the process of formation and development of public audit in accordance with new conceptual approaches, formed in accordance with the professional statements of INTOSAI (IFPP), practical recommendations for their practical implementation in Ukraine. Results. It is established that the problem of state audit in terms of its varieties – performance audit, financial audit, which are regulated by the legislation of Ukraine, is one of the most important prerequisites for ensuring public requests for reliable and transparent information on the use of budget funds. However, as the study showed, insufficient attention was paid by the control bodies, in particular, to the audit of the legislative compliance of the actions of budget managers by the Accounting Chamber. It is proposed within the strategies of ISSAI state audit standards to introduce in Ukraine compliance audit as a type of state audit, which is provided by IFPP professional statements. The expected results of such implementation will allow to increase financial and executive discipline and to prevent illegal spending of budgetary funds. Conclusions. In the practice of world state audit, a certain structure of types of state audit has been developed, which meets the demands of society and parliaments of the countries regarding the legality, efficiency and reliability of budget spending. The introduction of INTOSAI international standards aims to increase confidence in the state audit, ensures its comprehensive and comprehensive nature, implements effective and efficient professional principles and standards in the practice of domestic specialists. Improving the methodology of public audit generally meets the requirements of ensuring a high level of efficiency of the highest bodies of financial control in the interests of the development of a democratic society. Therefore, the introduction of all types of public audit in accordance with ISSAI standards meets the expectations of society and best international practice. Further developments should reveal the features of the implementation of a new type of state audit – compliance audit in terms of domestic and foreign methods and procedures for performing control actions.

scholarly journals Public Sector Audit, Transparency and Good Governance on Financial Accountability of Public Sector Entities in Rivers State, Nigeria

2021 ◽  
Vol 4 (3) ◽  
pp. 15-38
Author(s):  
Appah E. ◽  
Onowu J.U. ◽  
Adamu A.J.
Keyword(s):  
Public Sector ◽  
Good Governance ◽  
Sample Size Determination ◽  
Financial Accountability ◽  
Governance Index ◽  
Financial Audit ◽  
Compliance Audit ◽  
Performance Audit ◽  
Financial Transparency ◽  
Rivers State

This study investigated the effects of public sector audit, good governance and financial transparency on financial accountability of twenty – six (26) ministries in the Rivers State Civil Service. The study employed cross sectional survey research design. The population consisted of twenty – eight ministries and the Taro Yamene model was used for sample size determination while simple random sampling was employed. The study used primary and secondary sources of data collection. Questionnaire was the primary source of data collections after the application of content and face validity while Cronbach alpha was employed to test the reliability of the instrument. The dependent variable was financial accountability index while the independent variables consisted of financial audit index, performance audit index, compliance audit index, good governance index and financial transparency index. The responses obtained from the questionnaire were analysed with univariate, bivariate and multivariate analysis. The multiple regression analysis suggested that there is a positive and significant relationship between financial audit index, performance audit index, compliance audit index, good governance index and financial transparency index on accountability in public sectors in Rivers State. The study concluded that public sector audit, good governance and financial transparency promote financial accountability in the Nigerian public sector. Therefore, the following recommendations were provided amongst others that The Accounting Officers in government Ministries, Department and Agencies (MDA) should carry out government business in accordance with accountability, transparency, effectiveness and efficiency, responsiveness, forward vision and rule of law for the welfare of the citizens.

Supervising System and Business Control of Local Self-Government Units in Performance Audit Function

2020 ◽  
pp. 310-324
Author(s):  
Jelica Eremić-Đođić ◽  
Ivan Bosnjak
Keyword(s):  
Continuous Process ◽  
The State ◽  
Budget Process ◽  
Audit Process ◽  
Basic Task ◽  
Business Operations ◽  
State Audit ◽  
Efficiency And Effectiveness ◽  
Performance Audit ◽  
The Republic

As everywhere in the world, resources in the Republic of Serbia are limited. Almost half of the resources are covered by public spending. A well-established oversight of the budget process provides real assistance in performance audit, and it is also an instrument of a permanent guidance and correction. The State Audit Office is often assigning itself tasks to carry out the activities related to the performance audit process. In this way, the state audit approaches systematically to the examination of business activities of all budget users. The basic task of the performance audit lies in examining the economy, efficiency, and effectiveness of the use of public funds by using various analyses, making comparisons, and analyzing indicators. This chapter will describe the proposal for a procedure that ensures a continuous process of supervision and control of business operations in local self-government units in the function of performance audits.

scholarly journals Audit Expectation GAP in The Public Sector of The Gambia

2021 ◽  
Vol 11 (2) ◽  
pp. 127
Author(s):  
Saikou Conteh ◽  
Hamidah Hamidah
Keyword(s):  
Public Sector ◽  
Private Sector ◽  
Fraud Detection ◽  
The Other ◽  
The Public ◽  
Expectation Gap ◽  
Financial Audit ◽  
Recent Developments ◽  
Performance Auditing ◽  
Audit Standards

In the private sector, the audit expectations deficit is a big concern. The audit expectations divide, on the other hand, is a new problem in the public sector that has received little attention from researchers. Just a few studies on the audit expectations deficit in the public sector have been conducted so far in the sense of financial audit. In the background of the above, this study centered on the audit expectations difference. The study was motivated by the importance of the financial audit feature in the Gambian public sector, as well as recent developments related to this type of audit in the country (such as rising expectations among users and associated problems in practice). As a result, the study aims to assess whether or not there is a difference in audit expectations in the Gambian public sector. According to the results of this report, there is an audit expectations deficit in the Gambian public sector when it comes to performance auditing. Interviews indicate that there is a broad gap in audit standards on several auditing topics. These include fraud detection exercises, management, executive and other parties' impact on auditors, audit report format, and widening the audit mandate to include policy merits.

Performance auditing in Germany concerning environmental issues

2018 ◽  
Vol 9 (1) ◽  
pp. 29-42 ◽  
Author(s):  
Dietmar Weihrich
Keyword(s):  
International Standards ◽  
International Studies ◽  
Literature Study ◽  
Content Type ◽  
The Public ◽  
Positive Effects ◽  
Efficiency And Effectiveness ◽  
Performance Audit ◽  
Performance Auditing

Purpose This paper aims to provide knowledge concerning performance auditing by examining the implementation in Germany. The text shows how the principles of performance auditing are implemented in Germany. The German approach is special because the international standards are not implemented in Germany, and there are neither any existing scientific studies nor any other literature concerning performance audit in Germany. Design/methodology/approach The study comprises a general discussion of the goals and boundaries of performance auditing with an environmental perspective based on a literature study. The text also describes the theoretical, legal and methodological background of performance audits in Germany. Findings concerning the status quo of performance auditing in Germany are based on an analysis of audits conducted by public audit institutions. The findings were compared with findings from other current international studies. Findings The sample of scrutinized audits conducted by the public audit institutions shows clearly that the provisions of the German Federal Budget Code had been fully implemented. In nearly every study, implications of economy, efficiency and effectiveness have been considered. Hence, even without any references to the international standards, the core principles of performance audit are considered in the audits conducted by the public audit institutions in Germany. The main focus in the audits had been placed on the efficiency and effectiveness. It is also very remarkable how far-reaching the findings of the audits in Germany are. Especially, in terms of scrutinized subsidy directives, the public audit institutions are not reducing their recommendations to the implementation of the granting-process but to the directives itself. Research limitations/implications The paper highlights a sample of studies which is limited in terms of quantity because it focused on audits related to environmental protection. Practical implications The study provides knowledge on how audits are conducted by public audit institutions in Germany. In doing so, it is particularly helpful for people dealing with public audits, especially in the government and the audit institutions. Social implications The paper examines the role of public audit institutions that contribute to a more efficient and an effective deployment of public expenditures. The goal is to avoid wasting public means by using it without causing positive effects. This is the basis for a socially just usage of public means. Originality/value The paper contributes to a better understanding of performance auditing in general. As there are no documented scientific studies or other papers concerning the implementation of performance audit in Germany, the paper is of high-innovatory value. The findings are very important to the further development of performance audit. In addition, by depicting the role of public audit institutions in Germany, it allows comparisons to the situation in other countries.

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