Practice Guide: Auditing Procurement in the Public Sector

This guide reviews the role of internal audit in assessing the effectiveness and efficiency of procuring goods and services within the public sector. This practice guide helps auditors:

• Compare differing methods of public sector procurement.
• Examine several approaches and their benefits to auditing procurement.
• Identify contemporary, relevant procurement tools and techniques.
• Understand the impact of poor procurement on an entity/agency.