Management Audit

  • A management audit is an assessment of how well an organization's management team is applying its strategies and resources.
  • A management audit evaluates whether the management team is working in the interests of shareholders, employees, and the company's reputation.
  • A management audit does not evaluate individual managers but rather the overall management of the company in its ability to achieve its goals.
  • The board of directors will hire independent consultants to conduct the management audit rather than use the company's internal audit team.
  • Once a management audit is complete, the external audit company will provide an entire plan for the board of directors to implement to effect change.
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