Management audit is a systematic examination of decisions and actions of the management to analyze the performance.
Management audit involves the review of managerial aspects like organizational objective, policies, procedures, structure, control, and system in order to check the efficiency or performance of the management over the activities of the company.
Unlike financial audits, management audit mainly examines the non-financial data to audit the efficiency of the management.
Somehow audit tries to search the answer of how well the management has been operating the business of the company.
Is managerial style well suited for business operation? Management Audit focuses on results, evaluating the effectiveness and suitability of controls by challenging underlying rules, procedures, and methods.
This maintains optimum independence in analyzing the concerned individuals’ skills and capabilities in managing his area of operations.
Management audits have been run by us for assorted corporates.