management audit

Management Audit

A measurement and report of the effectiveness and results of certain business procedures. Management audits are usually performed internally, and check to see that procedures have their intended effect. Unlike a compliance audit, which simply ensures that procedures are being followed, management audits challenge the assumptions and goals of procedures, with an eye toward improving efficiency. A management audit may recommend changes in procedures resulting from observed inefficiencies in existing procedures. See also: Audit, Assurance.

management audit

A detailed audit that concentrates on analysis and evaluation of management procedures and the overall performance of an organization. A management audit is undertaken to discover weaknesses and to institute improvements within the organization. Also called operational audit, performance audit.
References in periodicals archive ?
In order to compete for the Sword of Honour an organisation first had to achieve the maximum five stars in the British Safety Council's health, safety and environmental management audit scheme in the period August 2017 -- July 2018.
Prior to competing for the Sword of Honour, Milaha had achieved the maximum five stars in the British Safety Council's health and safety management audit in the period between August 2017 and July 2018, it said.
, passed the asset management audit conducted by TaV-SaD, which recommendation the asset for asset management certification or ISO 55001.Hedcor vice president for operations Rolando Pacquiao said the certification reflects Hedcor's commitment to sustaining the efficiency and reliability of its facilities.TaV-SaD also noted zero nonconformance or deviation and validated that Bakun AC Hydro's systems, processes, and operations comply with the relevant codes, requirements, regulations and standards.
(ab) audit includes regularity audit information technology audit, environmental audit, forensic audit, performance audit, management audit, special audit and any other kind of audit, report or analysis deemed appropriate by Auditor General.
I was transferred to Management Services Division as consultant, where I handled general management, human resources and management audit cases.
a nominee of health department to carry out external audit of special committee especially with regard to financial performance and management audit on regular basis.
To compete for the Sword the business had to achieve the maximum five stars in the British Safety Council's health and safety management audit scheme, as well as demonstrating expert health and safety and environment management, and best practice from the shop floor to the boardroom.
The book is a positive response to growing needs of various audits namely, Internal Audit, Cost Audit, Computer Audit, Special Audit and Management Audit.
The book also includes lists of web resources and a management audit checklist.
Since becoming involved with ACA accreditation in the 1980s, the Ohio Department of Rehabilitation and Correction (ODRC) has developed an annual internal management audit system that is intensive, yet expanded well beyond the scope of ACA standards.
Management Audit. Attn: Judith Nelson, University Management Auditor.
to refund $4.6 million to its customers for overcharging for natural gas, and ordered a management audit of the New Hampshire utility for its failed performance during and after a December 2008 ice storm that left thousands without power.

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