ORGANIZATION OF PROJECT AUDIT IN THE CONTEXT OF GLOBAL AND NATIONAL DEVELOPMENT

One of the most important areas of the audit activity of the SAI is currently a performance audit. As its main objectives are considered: independent analysis (evaluation) economy, efficiency (economic efficiency) and the effectiveness of the use of public funds, evaluation of the effectiveness of specific management decisions, and to develop recommendations aimed at improving the quality of activities of public authorities. The performance audit gets particularly widespread in budget systems, focused not just on an informed and targeted spending, but to achieve the final result (for example, budgeting focused on result) the most efficient way possible. Audit is an independent examination of financial statements on the basis of compliance with the order of conducting accounting documents of the System of normative regulation of book keeping), compliance, business and financial operations legislation of Russia, the accuracy and completeness of the financial statements of the company. The performance audit is a type of financial control of the economic and social results. The results are determined by inspection of the execution of the budget on the objects of control measures.