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Management Auditing

Management Auditing
Management Auditing
Service Code : 02
Management Auditing
A result-oriented audit can provide the impetus for positive change. The Management Audit is a more recent concept. It focuses on results, evaluating the effectiveness and suitability of controls by challenging underlying rules, procedures and methods. Management audits, which are generally performed internally, are compliance audits plus cause-and-effect analysis. When performed correctly, they are potentially the most useful of the evaluation methods, because they result in change.