financial statement audit

performance audit:

audit of performance information

pre determined objectives

value of money: effective, efficient, and economic

effective   works and perform its duties as required

economic : under budget

effeciencetive: lower cost and higher performance

examation procedures 

definition:

public section: controlled and funded by government

public deserved to know how these public sections spend the money from taxes

defnitions of performance information of public sections:

how is the organisation doing

KPI  key performance indicators

usefulness  可用性

measurablity 可衡量性

reliablity: 可靠性

the data and result is resonable and consistent