Performance audit and its role in Public sector- Republic of Kosovo

Abstract

The Office of the Auditor General is an independent constitutional institution with aim to contribute to sound 
financial management in the state public administration.  
The Office of the Auditor General (OAG) in Kosovo which soon shall be named the National Audit Office 
conducts annual statutory regularity audits of Kosovo Budget and Budget Organizations including other forms of 
audits such as Performance Audits. Main focus of this research paper is the role and functioning of performance 
audit in public sector which addresses the audit performance in terms of economy, efficiency and effectiveness 
which also is supported by the philosophy of this type of audit. The objective of this paper is to present through 
experience and research conducted in the field of Performance Audit (PA) the importance of this type of audit in 
three main aspects: theoretical, practical and scientific. This paper will not leave aside the contribution given by 
performance audit to accountability of democratic governments by measuring performance activities within 
Budget organizations. 
In order this paper to achieve its objective, different sources of information will be used such as: INTOSAI 
standards, various PA manuals, scientific publications, good practices from different countries, the relevant 
annual reports, professional practices, etc. 
Key words: Performance Audit, INTOSAI, public sector, accountability, 3Es.