PERFORMANCE AUDIT
\pəfˈɔːməns ˈɔːdɪt], \pəfˈɔːməns ˈɔːdɪt], \p_ə_f_ˈɔː_m_ə_n_s ˈɔː_d_ɪ_t]\
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A complete performance appraisal taken of the internal controls of the firm ,as well as the level of efficiency as well as effectiveness of the processes that are taking place. It does not take in to account the financial performance of the firm.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).