TY - JOUR
T1 - Enacting audit legitimacy
T2 - internal processes of VFM auditing in Victoria, Australia
AU - Dahanayake, Sunil J.
PY - 2021
Y1 - 2021
N2 - This paper shows how auditor-general’s offices (AGO) use strategic planning to legitimize value-for-money (VFM) audits. The transformation of VFM audit practice through these planning processes (corporate plan, annual plan and annual report) involves several key actions by AGOs, including the development of VFM audit methodologies and cultivating relationships with the wider audit environment. IMPACT: This paper extends the existing international understanding about how value-for-money (VFM) audit/performance audit was added to the audit portfolio of the auditor-general’s office (AGO) in a specific country context. VFM audit is unique to AGOs, but its operationalization is different from AGO to AGO. AGOs can use the technical competence of VFM audit to stand out from private sector accounting firms.
AB - This paper shows how auditor-general’s offices (AGO) use strategic planning to legitimize value-for-money (VFM) audits. The transformation of VFM audit practice through these planning processes (corporate plan, annual plan and annual report) involves several key actions by AGOs, including the development of VFM audit methodologies and cultivating relationships with the wider audit environment. IMPACT: This paper extends the existing international understanding about how value-for-money (VFM) audit/performance audit was added to the audit portfolio of the auditor-general’s office (AGO) in a specific country context. VFM audit is unique to AGOs, but its operationalization is different from AGO to AGO. AGOs can use the technical competence of VFM audit to stand out from private sector accounting firms.
KW - Auditor-general
KW - construction of auditability
KW - construction of legitimacy
KW - VFM audit
UR - http://www.scopus.com/inward/record.url?scp=85081259062&partnerID=8YFLogxK
U2 - 10.1080/09540962.2020.1732620
DO - 10.1080/09540962.2020.1732620
M3 - Article
AN - SCOPUS:85081259062
VL - 41
SP - 336
EP - 345
JO - Public Money and Management
JF - Public Money and Management
SN - 0954-0962
IS - 4
ER -