Univrsity Of Tehran Press Accounting and Auditing Review 2645-8020 6 1 1998 02 20 - - 30728 FA Journal Article 1970 01 01 This paper synthesizes the important issues related to the post-completion audit of capital budgeting projects from a managerial prospective, with a special emphasis on the managerial control system governing the decision making process. The paper contemplates to explain the importance of such audits and also covers major areas in its systematic process. The paper has a normative orientation and draws from both the relevant fundamental concepts in operational auditing and capital budgeting literature. This paper synthesizes the important issues related to the post-completion audit of capital budgeting projects from a managerial prospective, with a special emphasis on the managerial control system governing the decision making process. The paper contemplates to explain the importance of such audits and also covers major areas in its systematic process. The paper has a normative orientation and draws from both the relevant fundamental concepts in operational auditing and capital budgeting literature. https://acctgrev.ut.ac.ir/article_30728_6eccdcf175ddbce5addf37fd51775ffe.pdf