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Home > QFINANCE Dictionary > Definition of audit of management

Definition of

audit of management

General Management

assessment of systems and procedures of organization a structured review of the systems and procedures of an organization in order to evaluate whether they are being conducted efficiently and effectively. An audit of management involves establishing performance objectives, agreeing the standards and criteria for assessment, and evaluating actual performance against targeted performance.

Related definitions of "audit of management"

Definitions of ’audit of management’ and meaning of ’audit of management’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’audit of management’ and other financial terms with our online QFINANCE Financial Dictionary.

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