0
What is the definition for position audit and how do you apply that in organization?
Wiki User
∙ 15y ago
This term has two meanings based on the context. One applies to the organization as a whole and the other, within the organization.
In the first context, its a systematic assessment of the current strengths and weaknesses of an organization as a prerequisite for future strategic planning and implementation. It is generally carried out before a strategic planning and also carried out after implementing the strategy adopted to know the strengths and weaknesses post implementation of strategy.
In the second context, it relates mainly to the HR. It here means assessment of the position of a particular employee or a group in the organizational chart. This could be the assessment done by the management suo motto, for example during a proposed new organizational chart or on request of one or more employee to the management. The procedure in the later case could depend on the policy of the organization in question.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
When was International Organization of Supreme Audit Institutions created?
International Organization of Supreme Audit Institutions was created in 1953.
HR Audit Reasons?
reasons of organization undertake HR Audit
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.
The basic requirement of a third party audit is that it is conducted by?
an audit by an independent organization
What is the definition of an energy audit?
The definition of an energy audit is determining how much energy a building or buildings need. In addition, energy audit is determining how efficient a building or buildings will be.
What is an audit trail?
An audit trail is a formal record or log of the financial transactions of an organization.
What is the motto of International Organization of Supreme Audit Institutions?
International Organization of Supreme Audit Institutions's motto is 'Mutual experience benefits all'.
What is International Organization of Supreme Audit Institutions's motto?
International Organization of Supreme Audit Institutions's motto is 'Experientia Mutua Omnibus Prodest,'.
What is the importance of marketing audit in an organization?
9okjokrrmkpmkpo5myr
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.
Can statutory audit be done after tax audit?
Statutory Audits are those mandated by a statute. So by that definition even tax audit is a statutory audit.The management of the organization makes the appointment of an internal auditor. The statutory auditor is appointed by different authorities. First statutory auditors are appointed by the shareholders in the annual general meeting. The main object of the statutory audit is to form an opinion on the financial statement of the organization auditor has to state that whether the financial statements are showing the true and fair view of the affairs of the organization or not. The main object of the internal audit is to detect and prevent the errors and frauds.The scope of the statutory audit is fixed by the company act. it can not be changed by mutual consent between the auditor and the management of the audited business unit. The scope of the internal audit is fixed by the mutual consent of the auditor and the management of the unit under 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.
