Management Auditing is a systematic, purposeful, organised and objective examination of Institutions’ activities, functions, programs, systems, practices and processes. It assesses the extent to which resources are managed efficiently and economically and the extent to which accountability relationships are served. It provides the Institutions’ management an assessment of their performance and recommends better practices for more effective management and operation.
Areas of Focus
Governance
Strategic Planning
Organizational Structure
Reporting
Risk Management
Human Resources
Marketing
Communication
Performance Management
Objectives
Adherence by the entities to ethical principles, guidance, and best practices
Instilling accountability structures and relationships as well as overall management stewardship
Improving the entity governance structure(s) and broad management practices
Improving quality management and quality control systems
Developing management capability for strategic planning and achieving inter-entity synergies
Evaluating entity operations in terms of economy, efficiency, effectiveness, and exposure
Benefits
Identify risks, gaps, and deficiencies within the organisation
Improved quality of services
Implement best practices
Effective utilisation of resources (staff, equipment, and facilities)
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