HUMAN , FINANCIAL AND MATERIAL RESOURCES AT ALL

LEVELS
 Environmen
t

Ethics Equity
INTRODUCTION

▪ Manages the entire workforce of the

organization to ensure optimum
performance.
▪ Development, management and retention
of talent
▪ Diagnose major issue
▪ Identify best performance opportunities
▪ Paper pencil or on online
▪ Quality and quantity
▪ Systematic performance measurement
approach to identify the best performance
improvement opportunities within the
organisation.
SCOPE OF PERFORMANCE
AUDIT
▪ Performance expectations
▪ Frequency of performance evaluations
▪ Job profile matching
▪ Participative goal setting
▪ Career development through succession
planning
▪ Fair performance appraisal
FINANCIAL AUDIT
VS
PEROFRMANCE
AUDIT
 Financial audit vs performance audit

FINANCIAL AUDIT PERFORMANCE AUDIT

Accuracy and correctness of Efficiency measurement

accounts

Routine job. Not focuses on Problems and process

problems and process
Narrow focus Broad

figures People and resources

Special financial period Ongoing

Specific reports Diverse reports

Protocol bound not

Checklist for performance audit

▪ Performance checklist

Job performance - Attendance and job

operating procedure

▪ How the employees perform and degree

of compatibility of employee with
organisation needs and expectation.
Structure of performance audit

▪ Measuring the degree of professionalism-

any lapses in personal bias or
methodological issue
▪ Measuring the efficiency- objective
achievement and effective measurement
▪ Measuring the economy- economy or cost
effectiveness of the performance.
Steps in performance audit

▪ Development of assessment criteria

▪ Preparation Schedule
▪ The choice of audit tasks
▪ The choice of audit objectives
▪ Preparatory work
▪ Performance audit planning
 Methods and techniques of performance audit
(procedures for achieving and Tools to measure
the degree of performance goal achievement)
▪ Analysis- root cause for deviation
▪ Synthesis- correct the deviation
▪ Sorting- better the facts explored and
reveal the interrelations.
▪ Comparing- performance data
▪ Generalisation- sorting + synthesis
Statistical, mathematical and accounting
Performance auditing-techniques

▪ Observation- analysing an activity

▪ Document study – in-depth study
▪ Interview- to understand the issue
▪ Questionnaire- to track the performance
Performance data reliability audit

▪ Accuracy and precision level of the

observations