IDEAS home Printed from https://ideas.repec.org/a/rom/rmcimn/v17y2016i1p70-75.html
   My bibliography  Save this article

The Performance Audit – A Basic Attribute of the Romanian Court of Accounts and a Consolidation Solution for Sustainability in the Current Macroeconomic Environment

Author

Listed:
  • Florina-Maria BOBEª (TÃVALÃ)

    () (“Lucian Blaga” University of Sibiu, Romania)

Abstract

Through the findings and recommendations brought by the performance audit missions it is aimed to reduce costs, increase using the resources efficiency and achieving the objectives set at the level of the activity, program, and the audited process. So it is an audit of a good financial management but which is exercised at a rate too low in our country because it represents a research work that requires flexibility, imagination and analytical skills, knowledge and experience. We consider therefore that the audit approach can be justified by the fact that it increases the credibility of the information, providing a certain insurance degree for the people who rely on the audited information. Corroborating the Romanian legislation regarding auditing with the provisions of the international auditing standards and the practical issues which arise from their application, we could identify several types of public audit.

Suggested Citation

  • Florina-Maria BOBEª (TÃVALÃ), 2016. "The Performance Audit – A Basic Attribute of the Romanian Court of Accounts and a Consolidation Solution for Sustainability in the Current Macroeconomic Environment," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(1), pages 70-75, March.
  • Handle: RePEc:rom:rmcimn:v:17:y:2016:i:1:p:70-75
    as

    Download full text from publisher

    File URL: http://rmci.ase.ro/no17vol1/07.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Florina-Maria Bobeş, 2012. "Ensuring The Legality And Performance In Using Public Funds," Romanian Economic Business Review, Romanian-American University, vol. 7(1), pages 40-49, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    public external audit; performance audit; Court of Accounts of Romania; Performance audit.;

    JEL classification:

    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:rmcimn:v:17:y:2016:i:1:p:70-75. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marian Nastase). General contact details of provider: http://edirc.repec.org/data/mnasero.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.