Developing the governmental accounting system for performance audit purposes
Control in government units is almost limited to financial and accounting control through which laws and regulations are ensured, and government funds are spent for their purposes without extending to show how efficient the administration is in exploiting resources economically, achieving targets with the lowest costs and gaining the optimal return from spending. Due to the increase in government spending and social burdens on government units, budget deficits, and limited resources, this requires regulatory bodies to be developed by shifting to overall control or so-called performance control or operational auditing. The business sector has many performance measures such as internal profitability, the rate of return on invested capital, standard costs and planning budgets, etc. However, in the government sector, there is a difficulty that actual activity in this sector is not easily subject to quantity measurement. Since the accounting system in the area of control of govern...