Audit Procedures Reveal Disparities in Public Resource Management Oversight
The article explores how audit procedures are chosen and applied in public institutions. By analyzing different elements like institutions, audit subjects, and procedure types, the researchers found that public and independent audit entities have different procedures due to their integration into different systems. Public audit entities focus on using state resources, limiting the usefulness of their audits to the public. To address this, the researchers suggest changing regulations to give public audit entities more power in selecting and applying audit procedures.