Management Letter Comment
Mgt audit is not compulsory under the law .cost audit in certain industry ,it is legally compulsory
In an operational audit, the management of an organization asserts that the operations of the organization are being conducted in accordance with management's established policies and procedures.
Internal audit reveals to management whether internal control procedures are duly followed or not.
doing internal audit and help management
Management Letter Comment
The definition of "Audit Management" is to be responsible for ensuring that board-approved audit directives are implemented by the right people and in the correct way.
they are the people whom following the action of finance people or auditing on another departments
Mgt audit is not compulsory under the law .cost audit in certain industry ,it is legally compulsory
William Acar has written: 'The organizational audit and analysis' -- subject(s): Management audit, Management by objectives
This is a vague term that can mean multiple things (in Project Management):- PMP Exam: Project Management Professional Exam- Project Audit: Your project being audited/examined
In an operational audit, the management of an organization asserts that the operations of the organization are being conducted in accordance with management's established policies and procedures.
In today business world management play very important role for the success of failure of business. Management is the life blood of every organization. So if organization want to gain competitive advantage then it should improve their management efficiency and effectiveness. Followings are the objectives of management audit: Review of policies review of procedures review of methods performance appraisal job rotation Depend upon auditor mind or purpose of management audit
Sure. He can request a pony too, while he's at it; it doesn't mean he'll get either of them.
Internal audit reveals to management whether internal control procedures are duly followed or not.
In a compliance audit, an organization's management asserts that the organization or individual is complying with specific laws and/or regulations.
A survelliance audit is a process where current procedures are checked and verified against the company's quality management system.