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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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