Performance Auditing

The Panel derives its mandate to conduct performance audits from the Financial Regulations and Rules of the organisations concerned. In this regard, the Panel may make observations with respect to the efficiency of the financial procedures, the accounting system, and the internal financial controls and, in general, the administration and management of the organisation.

The results of performance audits undertaken are normally integrated with those of the financial and compliance audits and are reflected in the individual Panel member’s long-form report to the governing bodies.