Management Audit

Evaluates the organization’s strategic planning processes, including the formulation, implementation, and monitoring of strategic objectives and initiatives. It assesses the organization’s alignment with its mission, vision, and long-term goals.

Focuses on assessing the organization’s financial management practices, including budgeting, financial reporting, cash flow management, investment decisions, and risk management. It ensures compliance with financial regulations and optimization of financial resources.

Examines the organization’s operational processes and procedures, including production, procurement, inventory management, quality control, and supply chain management. It identifies areas for operational improvement and efficiency enhancement.

Assesses the organization’s human resources practices, including recruitment, training and development, performance management, compensation and benefits, employee relations, and compliance with labor laws and regulations.

Evaluates the organization’s risk management processes, including identification, assessment, mitigation, and monitoring of risks. It ensures the adequacy and effectiveness of risk management strategies to safeguard.

Reviews the organization’s adherence to legal and regulatory requirements, industry standards, and internal policies and procedures. It identifies areas of non-compliance and recommends corrective actions to mitigate legal and regulatory risks.

Assesses the organization’s IT governance, systems, and infrastructure, including cybersecurity, data management, IT strategy, and compliance with IT policies and regulations. It ensures the security, reliability, and effectiveness of IT resources.

Examines the organization’s environmental management practices, including environmental policies, pollution control measures, resource conservation, and compliance with environmental regulations and sustainability standards.

Evaluates the organization’s corporate governance structure, including board composition, accountability mechanisms, transparency, and ethical standards. It ensures alignment with corporate governance principles and best practices.

Pre-Audit
Planning

Scope
Definition

Analysis
Assessment

Interviews
Meetings

Reporting and Recommendations

Follow-up and Monitoring