IX PERFORMANCE AUDIT 118. In addition to financial audits which I am required to undertake on the  public accounts of the Central Government and Local Authorities  (Councils and Land Boards) and selected Parastatals, I am also  required by Section 7 (2) of the Public Audit Act (No 15 of the 2012) to  conduct performance audits on these entities to assess the extent to  which value for money has been achieved in the use of resources at  the disposal of officers at these entities. I am required to submit my  reports on Central Government and Parastatals’ audits to the Minister  responsible for finance, who shall cause them to be laid before the  National Assembly in accordance with Section 20 (1) of the Public  Audit Act of 2012. With respect to performance audit reports of Local  Authorities, these are to be tabled to respective Full Councils and Land  Boards, in terms of Section 68 (11 & 12) of the Local Government Act,  No 18 of 2012 and Section 32  (5) (iii) of the Tribal Land Regulations,  respectively.   Management of Borrowing Activities by Ministry of Finance and  Economic Development.   Control of Foot and Mouth Disease by Department of Veterinary  Services.   Regulation of Municipal Solid Waste by the Department of Waste  Management and Pollution Control.   Management of Human-Wildlife Conflict by the Department of  Wildlife and National Parks.  During the year under review, four reports for Central Government were  completed and sent to the National Assembly for tabling, which were;  Performance audit is an independent, objective and reliable examination of whether Government’s undertakings, systems, operations, programmes and organisations are performing in accordance with the principles of economy, efficiency and effectiveness. The main objective of the audit is to assist management  streamline its work, based on identified operational and managerial  gaps and suggest corrective action to be taken to improve efficiency  and effectiveness of service delivery. It does not question the intentions  and decisions by Government, but examines whether possible shortcomings in the laws and policies have affected the achievement  of those intentions. It also promotes accountability and transparency.  94 