Abstract
Does Performance Audit Recognise Improvements in Procurement Activities Leading to Enhanced Value for Money
Highlights
The vision of many Supreme Audit Institutions established to perform an audit, including performance audits associates to the positive impact they should have on the audited entities or public organizations through auditing
This paper aims to provide answers to the following questions: What is the impact of performance audit on improving how procurement activities are developed? What factors influence the positive perception of performance audit and make it easier to undertake changes? Does performance audit result in changes within audit entities with a focus on enhanced/added value for money? The main contribution of our research is to draw attention to the impact of performance audit in countries with high levels of corruption and irregularities, such as Kosovo
Research Methodology Data Since the focus of this research was to find the impact of performance audit on value for money, in other words in procurement, procurement officers and officials involved in executing projects within the entities audited by the Kosovo National Audit Office were initially identified to send them a questionnaire as a method of data collection for this research. 261 public officials have been identified
Summary
The vision of many Supreme Audit Institutions established to perform an audit, including performance audits associates to the positive impact they should have on the audited entities or public organizations through auditing. The Kosovo National Audit Office through procurement-oriented performance audits continuously identified shortcomings in the procurement processes undertaken by Public Institutions in Kosovo, focusing on the value achieved for the money spent. Literature Review Researches focusing on the impact and effects of performance audit on organizational change in public institutions has been considered deficient by many authors. Research Methodology Data Since the focus of this research was to find the impact of performance audit on value for money, in other words in procurement, procurement officers and officials involved in executing projects (purchases) within the entities audited by the Kosovo National Audit Office were initially identified to send them a questionnaire as a method of data collection for this research. The step/change which was least (according to the respondents) seen as improvement was “dismissals and changes in the workplace” (with 38 respondents or 44%)
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