Paul Young is a CPA and CGA with over 27 years of experience in corporate finance, business processes, auditing, and financial solutions. He discusses the importance of value for money audits for government spending. Value for money audits assess the effectiveness and efficiency of funds spent by non-profits like government agencies. However, they can be limited by auditors' lack of subject matter expertise. Governments need to ensure programs are delivered cost-effectively and find ways to improve through comprehensive audits that include specialists in relevant fields.