Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 The government of the republic of Zambia established game management authorities in all game parks to do so many things among them were; sensitise

1 The government of the republic of Zambia established game management authorities in all game parks to do so many things among them were; sensitise the people living in such areas to coexist with the animals, to train them on other skills besides hunting, to learn to buy licences for animals of their choice in their area for domestic consumption, and also to bring the local leadership on board the GMA for local representations as the revenues realised from the area were meant to be shared with the people living in that GMA on agreed percentage. The GMA was established on similar lines like the Farmer Input Support Program (FISP), Cattle Restocking (CR) to reinvigorate the people in plateau areas to do more farming to cater for both consumption and sale and re-establish those others who kept animals but lost them through Contagious bovine pleuropneumonia (CBPP). All these initiatives came to naught as those that received farming inputs failed to effectively use the inputs to a point of being independent for others to join. While those that were assisted with animals were unwilling to agree to part with the heifer once born to give the next in line to receive the animals. Required: As a performance auditor you are assigned to conduct a performance audit on the programs to ascertain the economic, efficacy & effectiveness in their execution and issue a report. [Total: 20 marks] QUESTION 2 Performance audit is anchored on the understanding of economy, efficiency and effectiveness, popularly known as the 3Es. This understanding should be deep rooted as without it one cannot effectively execute performance audits. In this regard, the relationship of the 3Es is undeniable. Discuss [Total: 20 marks] QUESTION 3 1. There are different types of performance audit engagements. How does being classified as a direct reporting engagement influence the conduct of performance audits? (10 marks) 2. Describe the categories of performance audit? (5 marks) 3. Performance audit is called different names describe and explain the other names (3 marks) 4. Describe the purpose of a performance audit report (2 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essential Knowledge For A First Year Audit Staff Intern In Big 4 Accounting

Authors: Kevin Hsu

1st Edition

1481097040, 978-1481097048

More Books

Students also viewed these Accounting questions

Question

Find y'. y= |x + X (x) (x) X 1 02x+ 2x 1 O 2x + 1/3 Ex 2x +

Answered: 1 week ago