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Performance audit is an independent assurance service that provides assurance on the performance of projects, programs, activities and functions in terms of economy, efficiency and effectiveness but also in respect of environment and equity aspects. The aim of a performance audit is to provide recommendations about where and how improvement can be made and to identify the likely impact they may have.
The monitoring process consists in a continuous and systematic follow up of the outcomes generated by converted inputs. Results of this process are quantified and generate feedback on an adequate application of measures helping to correct gaps with set objectives.
Finally evaluation is the assessment of the outcomes (results and impacts) of programs, policies, projects in regards to the aspects of economy, efficiency and effectiveness but also environment and equity.
Performance auditing, monitoring and evaluation are all exercises in sound financial management. They are similar and complementary but cover different issues.
Ansari Auditors offers its’ clients in the public and private sector tailor made performance audit and monitoring & evaluation services. We have a standardized, revisited and proven objective focused approach and a pool of highly qualified and experienced experts.