Unlike a traditional financial audit objective (Are the financial statements materially misstated?), performance auditing can address a wide variety of objectives (Is this program working? Can it be improved? Where can we save money? How can we operate more efficiently and effectively?). This session will explain what a performance audit is, describe the standards that must be followed, and provide examples that indicate the value of a performance audit. Performance audits can add value to any entity and practitioners can profit from adding these assurance services to their practices.