The Role and impact of performance audit in public governance

LTReikšminiai žodžiai: Veiklos auditas; Viešojo valdymo atskaitomybė; Veiklos audito modelis; Poveikis; Performance audit; Public governance; Accountability; Performance audit model; Impact.

ENThe paper analyses the impact of an important external control tool - performance audit in the area of public governance. This survey is based on the data on performance audits of the National Audit Office of Lithuania (NAOL). It is stated that the implementation of accepted recommendations consequently led to the improvement performance. The correction allows saving funds, decreasing expenses, improving performance quality, and strengthening management, administration, and organizational processes and improving legislation, introducing financial discipline. It is the performance audit recommendations that can significantly affect the organization and the functioning of the political and administrative apparatus. There is also presented the performance audit model, which novelty stems from its ability to demonstrate the correlation links between the principal concepts of the performance audit, levels of management and external environment. The basis for the model is represented by production processes of public activities that consume resources and/or production factors in order to produce products or services. The cost effect is created through the outcomes of the three elements—economy, effectiveness, and efficiency. [From the publication]

• Vadyba / Management
• Ekonomika / Economics