Performance and management audits are independent, systematic evaluations of an agency´s or a program´s operations to determine the extent to which resources are being used in the most efficient, effective, and economical manner.
Performance or management audits incorporate:
- Cost effectiveness assessments
- Organization structure analysis
- Program performance and workload evaluations
- Process reengineering
- Assessment of compliance with applicable Federal, State, and local laws and policies
- Service level assessments
- Space utilization analysis
- Information technology assessments
- Internal control assessments
The benefits of performance and management audits include:
- Reduced operating costs
- Increased productivity
- Reduced process cycle time
- Improved service levels
- Improved management controls and performance measurement
- Better use of information technology
- Appropriate staffing levels
- Enhanced internal controls