Public Sector Auditing: Practical Techniques for an Integrated Approach

by P.C.Jones (Author), J.G.Bates (Author)

• Used

  Hardcover
  1990

  $4.75

  The public sector accounts for about 40% of the gross domestic product of the United Kingdom. The book has been written in response to the major changes that are taking place in the public sector and puts forward a unified approach to practical auditing based on the idea that audits of all types require the auditor to give an opinion to his client. The external auditor traditionally gives an opinion on a set of financial statements and an internal auditor gives an opinion to managers on the strength of a financial system. Value-for-money audit, an interesting element of public sector audit, although drawing upon past events, aims to improve the future. However this book makes little differentiation between internal and external audits since within the public sector internal and external audit roles are often similar.