USAID Government Accountability Initiative Provides Performance Audit Training to Financial and Compliance Auditors
August 31, 2020
In the course of USAID Government Accountability Initiative support to the State Audit Institution in building further capacities for performance auditing, performance audit training was held for SAI’s financial and compliance auditors. The training was delivered online, from 24-28 August 2020, by Ms. Laurie Ekstrand and Mr. Stephen Caldwell, former senior executives of the US Government Accountability Office.
The training was designed to enable SAI auditors to gain a basic understanding of the objectives and methods of performance auditing, to undertake steps in the performance audit planning and management cycles. It covered an overview of the performance audit process consistent with International Organization of Supreme Audit Institutions (INTOSAI) performance audit standards and practices of the US Government Accountability Office.
Through individual exercises, scenario-based learning and discussion groups, SAI financial and compliance auditors were introduced to the performance audit concept, standards and procedures to enable them to effectively contribute their expertise to the annual selection of audit topics, performance audit design and message development for reporting. Topics covered the key areas of performance auditing: scoping and design, sampling, evidence, collection methodologies, data analysis, elements of a finding, root cause analysis and development of audit report recommendations.