Performance Auditing

He perceives Performance auditing is an independent assessment or examination of the extent to which an entity, programme or organisation operates efficiently and effectively, with due regard to economy.

By Economy he means minimizing the cost of resources used for an activity, having regard to the appropriate quality.

By Efficiency he means the relationship between the output, in terms of goods services or other results and the resources used to produce them.

By Effectivenessthe extent to which objectivities are achieved and the relationship between the intended impact and the actual impact of an activity.

It should also review the Equity and Ethics in any organization. The ethics in management of public funds and affairs extends to the accountability system and accountability relationship for correctness and accuracy of the performance information by the managers.

The first effort of conducting Performance Auditing under the revised guidelines of the Comptroller and Auditor General of India in 2004 was carried out by him and his team of officers while he was serving as Principal Director of Audit, Ordnance Factories, Kolkata on manufacturing of High-calibre Ammunition in Ordnance Factories. Afterwards, he has conducted many Performance Audits which has been acclaimed as a model by the senior colleagues of the department. His evaluation skill was highly sharpened during this period. Even today he conducts Performance Auditing on any activity, be it a small entity or a bigger manufacturing company or a IT Industry or an HR Activity or a commercial entity. He can conduct the engagement with ease but at the same time produce excellent values to the Organisation. He has an excellent team of Auditors who can help him in conducting these engagements in a vivid way. He can be utilized all the time for the services in this area without any hesitation.