Urgency of development consists in realization and fixing audit tools and concepts of accounting performance audit developed in Canada, the USA and the UK in the sphere of control practice.

In world practice the directions of audit of efficiency in public sector are known: "performance audit", "audit of value for money" (VFM audit) and in the private sector - "operation audit", "management audit".

Concepts of performance audit are introduced in practice by Office of the General auditor of Canada, the Head control department of the USA, National office of audit of UK, but not mastered in control practice of the Russian Federation. The control in the form of internal financial audit provided by Art. 270-1 of the Budget code of the Russian Federation is just developing in the Vologda region.

The experts of the project were: specifics of application of performance audit - SES, Senior Experten Service, Germany PUM, Netherlands senior experts, representatives of the legislative and executive branches of the Vologda region; a specific budget efficiency calculated taking into account the views of independent experts of subsystems of production management of the territory (Vologda region).

Realization and fixing of performance audit in the Vologda region at the level of executive power can improve forecasts of development and increase productivity and profitability of the public and municipal government, open new reserves for the solution of social and economic problems of the region.

We consider the process of performance audit as the progressive engineering process directed on complex and rational use of resources of the territory, and ensuring growth of Gross Regional Product (GRP). The legislative performance audit is employed in the regions since 2008 in Russia audit as a management function operates since 1987.

The offered mechanism of realization of performance audit in structure of production management of the territory can be used in the development of social and economic development of the Vologda region. In addition this project is based on monitoring of execution of the program "Effectiveness increase of budget expenditure in the Vologda region for 2012-2013" [1], in the framework of which the legal acts are developed and changes are made to the existing legal acts.

During 2012-2014 Vologda region planned to raise the budgets of 4.2 billion rubles, but the full implementation of the plans is not observed. Prognosed volumes of resource mobilization (including proposals to reduce inefficient expenses) determined by the results fixing and development of the concept of performance audit can be considered an inter-agency working group on payments to the regional and local budgets and the legalization of the taxation objects headed by the Governor of the region (The resolution of the regional government from 23.04.2012г. No. 387) [2].

The expected effect of the introduction of this project is varied:

1. Social (consumers of the budgetary services will receive more quality services).
2. Budgetary (the concrete forecast of decrease in expenses and increase of budget revenues is executed).
3. Organizational (it is based on the offered reorganization of systems of state regulation in the sphere of control and supervision, self-regulation).
4. Controlling (it is expected at introduction of the developed parameters of the monitoring system for the development of the territory on the basis of the introduction of performance audit tools, i.e. audit is presented as a form of administrative and economic influence).

Thus, introduction of the research project allows to solve problems in the sphere of the organization of financial control of the Vologda region (through the realization and fixing of the concept of the performance audit) and to determine the innovative priorities of modification of production management of the territory (government, business, science and infrastructure) based on the concept of the audit.

2. The establishment of inter-agency working groups: the resolution of the Government of the Vologda region from April 23, 2012 № 387.-URL: http://www.regionz.ru/index.php?ds=1973080 (date accessed 28.03.2013).