Performance Audit
/ˈpɜːrfərməns ˈɔːdɪt/
Definitions
- (n.) An independent examination of an organization's activities, programs, or operations to assess economy, efficiency, and effectiveness in meeting objectives.
The government agency commissioned a performance audit to evaluate the use of public funds.
Forms
- performance audits
Related terms
See also
Commentary
Performance audits focus on operational outcomes rather than solely financial accuracy, important in public sector accountability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.