Changes are becoming more frequent and faster & the business world is becoming more complex
To regularly assess your company’s effectiveness, efficiency, productivity and competitiveness is therefore of the utmost importance. Management Audit services aim to provide comprehensive, objective, reliable and accurate assessments of company’s effectiveness, efficiency, productivity and readiness to respond to changes in the macro environment.
Management Audit is the systematic and dispassionate examination, analysis and appraisal of management’s overall performance. It is a form of appraisal of the total performance of the management by means of an objective and comprehensive examination of the organization structure, its components such as department, its plans and policies, methods of process or operation and controls, and its use of physical facilities and human resources.
Management Audit is an important tool for the continuous appraisal and evaluation of the methods and performance of an enterprise. The prime objective of Management Audit is to locate defects of irregularities in the areas covered by the audit and to suggest possible improvements. It assists the management in managing the operations of an undertaking in the most efficient manner practicable.Management audits provide many & immediate benefits for the company as well as management on executive level.
Our management audit team can help you
Ensure optimum utilization of human resources and available physical facilities
Point out deficiencies in objectives, policies, procedures and planning
Suggest improved methods of operations
Point out weak links in organizational structure and in internal control system and suggesting improvements
Help management by providing early signals of sickness, ways and means to avoid the same
Anticipate problems and suggest remedies to solve them in time
Conducting operational audits through review of business operations, activities, etc
Conducting special purpose investigative audits