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Definition of

management audit

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. A management audit involves establishing performance objectives, agreeing the standards and criteria for assessment, and evaluating actual performance against targeted performance.

Related definitions of "management audit"

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

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