Comparative Evaluation of the Performance Auditing: the Review of Theories
Keywords:audit, performance audit, financial audit, performance audit standards.
The aim of this paper is to analyze the performance audit as specific, new, modern, and very complex definition,
to study its content, as well as to recommend the procedures and suggest the documents to be applied during
performance auditing activities. Basically the survey is grounded on the West countries experience and INTOSAI
The content of the mentioned standards is analyzed and recommendations how to use them for auditing institutions
are given, Also the requirements to the auditors, auditing procedures, how to collaborate with auditing
organizations, to pick-up audit evidences are rendered.