A management audit is a process for systematically assessing and evaluating the management practices, strategies and performance of a company or organization.
The aim of a management audit is to assess the effectiveness of management, identify weaknesses, point out opportunities for improvement and create a solid basis for future management decisions.
A management audit can be carried out internally by a specialized department within the company or externally by an independent consulting firm.
The results of a management audit are used to identify areas for improvement, promote best practices and continuously improve the effectiveness of management.