Problems of performance audit methodology in the Republic of Kazakhstan

Abstract

Performance audit is a complex type of state audit, while being an important function in improving
public administration. The complexity of performance audit is related to the scope of issues and the
amount of information that are subject to study and analysis during performance audit. The lack or inadequacy
of regulations on the control of accounting and reporting systems is one of the main challenges
in conducting performance audits. The quality of performance audit depends on the quality of the methodological
framework for performance audit based on clear principles and on best practices, taking into
account changes in the global community. The purpose of this article is to analyze the main principles
and their interpretations in the system of state audit and recommend the basics of application based on
the objectives of performance audit. The study was conducted using the method of comparing the norms
of legislation and provisions of international standards. The results of the research revealed problems of
inconsistency and incompleteness of the fundamental principles of performance audit. Authors propose
principles and their interpretation, taking into account the norms of legislation, the provisions of international
standards and the results of recent studies by authors of other countries.