Management Audit
Definition | Areas of Focus | Objectives | Templates
Definition
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.
1. Adherence by the entities to ethical principles, guidance, and best practices
2. Improving the entity governance structure(s) and broad management practices
3. Developing management capability for strategic planning and achieving inter-entity synergies
4. Instilling accountability structures and relationships as well as overall management stewardship
5. Improving quality management and quality control systems
6. Evaluating entity operations in terms of economy, efficiency, effectiveness, and exposure
Governance
Reporting
Marketing
Strategic Planning
Risk Management
Communication
Organizational Structure
Human Resources
Performance Management
Templates
- Template 1
- Template 2