It is sometimes said that performance audits are not true audits in that they are conceptually different

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It is sometimes said that performance audits are not “true” audits in that they are conceptually different from traditional ﬁnancial audits. In what way are they conceptually different?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Question Posted: Aug 13, 2014 12:07 PM

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It is sometimes said that performance audits are not true audits in that they are conceptually different

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Performance audit is the examination of operational and financial performance of the organization and whether the performance of a function program or ...View the full answer

Government and Not for Profit Accounting Concepts and Practices

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