What are the two main types of audit reports produced by government auditors?

Government auditors primarily focus on ensuring that public funds are used efficiently and in accordance with laws and regulations. The two main types of audit reports they produce are compliance audit reports and performance audit reports.

Compliance audit reports assess whether government entities are adhering to applicable laws, regulations, and policies. This type of audit is crucial for ensuring accountability and transparency in public sector operations. It verifies that funds are being used as intended and that there are no violations of statutory requirements.

Performance audit reports, on the other hand, evaluate the effectiveness and efficiency of government programs and activities. They go beyond mere compliance by examining whether resources are being utilized effectively to achieve desired outcomes. Performance audits help identify areas for improvement, promote better resource management, and enhance service delivery to the public.

Focusing on these two types of audit reports allows government auditors to provide comprehensive oversight that ensures both compliance with legal standards and the effective use of public resources.