Evidential Basis for Conclusions and Proposals in Performance Audit

The aim of the article is to deepen the methodical bases of performance audit in the formation and using of audit evidence to develop conclusions and proposals. The article defines audit procedures and audit evidence under performance audit, develops the methodical tools for performance audit as a template to generate conclusions and proposals on the basis of the received evidence. It has been established that it is worth considering the assessment of adequacy, efficiency and compliance of audit evidence under performance audit for the preparation of accounting documents and their submission for discussion in the working group. It has been considered that the audit evidence is mostly of documentary or calculated character. The performance audit objectives determine the reliability and relevance of audit evidence. The template for generating the results of performance audit on the basis of the audit evidence is developed and set forward. The information put together by auditors under the template involves the coordination of audit results, good practice, expected outcomes for the purpose of performance audit and tasks, set to achieve it. The template allows members of the audit team and other stakeholders having a spatial understanding of grounds of the findings and their components.