The value of public audit
Independence
Public audit provides legislatures and citizens with an independent and evidence-based assessment of how well governments are spending public money. An effective, independent public auditor is an essential part of a healthy democracy.
Assurance
Through annual financial audits and value for money audits, it provides assurance to taxpayers and their elected representatives that public money is properly accounted for, used for the purposes intended and delivering positive outcomes for citizens and service users.
Confidence
The scrutiny arising from public audit supports trust and confidence in the use of public money by promoting good governance, accountability and improvement.