International Definition
INTOSAI - International Organization of Supreme Audit Institutions has published the following definition of Performance Audit:
Performance auditing is an independent examination of the efficiency and effectiveness of government undertakings, programs or organizations, with due regard to economy, and the aim of leading to improvements.
Read more about this topic: Government Performance Auditing
Famous quotes containing the word definition:
“No man, not even a doctor, ever gives any other definition of what a nurse should be than this—”devoted and obedient.” This definition would do just as well for a porter. It might even do for a horse. It would not do for a policeman.”
—Florence Nightingale (1820–1910)