Focus of performance audit recommendations on the approach of public value creation
The case of the National Audit Office of Lithuania
Bibliographic Data
| ID | 13023717 |
|---|---|
| Authors | Asta Šalienė (0000-0002-1353-3709, corresponding author), Daiva Tamulevičienė (0000-0002-0187-037X), Manuela Tvaronavičienė (0000-0002-9667-3730) |
| Year | 2024 |
| Volume | 17 |
| Issue | 4 |
| Pages | 1-28 |
| Publication date | 2024-12-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | JOURNAL OF INTERNATIONAL STUDIES (JOURNAL) |
| Journal identifiers | ISSN: 2071-8330 • E-ISSN: 2306-3483 |
| Publisher | Centre of Sociological Research, NGO (PUBLISHER) |
| DOI | 10.14254/2071-8330.2024/17-4/1 |
| OpenAlex | W4406755680 |
| Language | EN |
| References cited | 42 |
Performance audits help to evaluate the performance of the audited public sector entities and, if the recommendations are implemented, contribute to their improvement. In light of the fact that the public sector is primarily concerned with the creation of value for society and for consumers of public services, it is essential that the impact of performance audits is determined with a specific focus on the creation of public value. Although the theory that Supreme Audit Institutions contribute to the creation of public value through their performance audit reports is beginning to emerge in the academic community, no criteria have yet been proposed to determine the impact of performance audits on the creation of public value. The objective of the study is to propose a framework for evaluating the creation of public value that is grounded in empirical evidence and incorporates a range of criteria for measuring the impact of performance audits on public value. In order to ascertain whether the objectives set out in the recommendations contained in the performance audit reports could be linked to the elements of a public value creation evaluation framework identified in the academic literature, a content analysis of the recommendations in the performance audit reports was conducted. A comprehensive analysis was conducted of all 114 reports published by the Lithuanian Supreme Audit Institution over the period from 2015 to 2022. The content analysis identified the segments of the content of the recommendations of the performance audit reports that are linked to the creation of public value. The aforementioned segments have been assigned detailed codes, which have been aggregated into a coding system. They provide a framework for the evaluation of public value creation, encompassing the four key directions of public value creation: consumers and society; strategy; governance; and supply chain. The criteria identified in each direction serve to reveal the impact of the objectives set out in the recommendations included in the performance audit reports on the creation of public value. Evaluating the impact of performance audit in terms of public value creation is important for managers, policy makers and other decision makers in audited public entities. The proposed framework for evaluating public value creation would help to measure this impact
Audit · Business · Business administration · Chief audit executive · Focus (optics · Internal audit · Joint audit · Performance audit · Process management · Value (mathematics · Value creation · Accounting and Organizational Management · Computer Science · Construction Project Management and Performance · Public Policy and Administration Research · Accounting
Towards a multi-actor theory of public value co-creation
Creating public value through smart technologies and strategies
Towards an empirical research agenda for public value theory
How to plan and perform a qualitative study using content analysis
The communication gap and the effect of self-perception on assessment of internal auditors‘ communication skills
The User Perspective in Performance Auditing—A Case Study of Norway
Evaluating the performance of e-government in developing countries
Public Value as the Focus of Strategy
Public Value Pragmatism as the Next Phase of Public Management
Political Accountability and Performance Audit
Public value creation and appropriation mechanisms in public–private partnerships
The audit report as an instrument for accountability in local governments
Searching for strategy
| Highly cited | No |
|---|