Influence Of Procurement Auditing On Performance Of Parastatals In Kenya

Purpose: The purpose of the study was to determine the influence of procurement auditing on the performance of parastatals in Kenya with an aim of making recommendations to other institutions. Methodology: The study employed a descriptive research design, targeting heads of procurement in parastatals. As a rule of thumb when the population is below 200, a study does a census. The researcher preferred this method because it allowed an in-depth study of the subject. Data was collected using self-administered questionnaires. Pilot study was carried out to establish the validity and reliability of the research instruments. The instruments were designed appropriately according to the study objectives. The data collected was analyzed by use of descriptive and inferential statistics. The study used multiple regression and correlation analysis to show the relationship between the dependent variable and the independent variables. The data generated was keyed in and analyzed by use of Statistical Package of Social Sciences (SPSS) version 24 to generate information which was presented using charts, frequencies and percentages. Results and conclusion: R square value of 0.768 means that 76.8% of the corresponding variation in performance of parastatals in Kenya can be explained or predicted by (planning audit, awareness audit, evaluation audit and contract management audit) which indicated that the model fitted the study data. The results of regression analysis revealed that there was a significant positive relationship between dependent variable and independent variable at (β = 0.761), p=0.000 <0.05)..The findings of the study indicated that planning audit, awareness audit, evaluation of received tenders auditing, contract management audit have a positive relationship with performance of parastatals in Kenya Policy recommendation: The study recommendes that public institutions should embrace public procurement audit so as to improve performance and further researches should to be carried out in other public institutions to find out if the same results can be obtained..