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I AM REKHA STUDING MBA CORRESPONDENCE

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Q: Explain the importance and objecties of management audit?
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Objectives and importance of management audit?

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


What is the meaning of 'Audit Management'?

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.


What is the importance of marketing audit in an organization?

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What is the difference between cost audit and management audit?

Mgt audit is not compulsory under the law .cost audit in certain industry ,it is legally compulsory


What is the role consultants play in the strategic planning and management process of a company. Is it an essential role?

What is strategic audit? Explain its relevance to corporate strategy and corporate governance


What has the author William Acar written?

William Acar has written: 'The organizational audit and analysis' -- subject(s): Management audit, Management by objectives


What is asserted in an operational audit?

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.


What is the importance of audit evidence?

The importance of an internal audit is to make sure that accounts are being handled the way they are supposed to be handled according to the laws of the state. Another reason for an internal audit might be to prevent fraud or theft.


What does MLC mean as it pertains to an audit?

Management Letter Comment


Explain the various types of conflict?

various types of audit


The impact of internal audit on organization?

Internal audit reveals to management whether internal control procedures are duly followed or not.


What is asserted in a compliance audit?

In a compliance audit, an organization's management asserts that the organization or individual is complying with specific laws and/or regulations.