How can public sector audit be of value?
What is it about?
In this paper we summarise the explanations for why audit is demanded in the private sector. We apply these to the public sector and use examples from the New Zealand Supreme Audit Institution (Office of the Auditor-General) to show how audit is of value to stakeholders.
Why is it important?
There has been little research into public sector audit and very little in the way of explaining why pretty much every country has a Supreme Audit Institution. By applying private sector explanations for audit to empirical data, we hope to encourage more discussion on why public sector audit is valuable.
The following have contributed to this page: Professor Carolyn J Cordery