Performance Auditing Made Easy (1.5 hours)

Unlike a traditional financial audit objective (Are the financial statements materially misstated?), performance auditing can address a wide variety of objectives (Is this program working? Can it be improved? Where can we save money? How can we operate more efficiently and effectively?).  This session will explain what a performance audit is, describe the standards that must be followed, and provide examples that indicate the value of a performance audit.  Performance audits can add value to any entity and practitioners can profit from adding these assurance services to their practices.

• Differences between financial and performance audits
• Performance audit standards
• What a performance audit is
• Why performance audits are valuable

• Performance audit standards
• Performance audit types
• Performance audit objectives