Management Audit

Management audits provide many & immediate benefits for the company as well as management on executive level. Changes are becoming more frequent and faster & the business world is becoming more complex. To regularly assess your company’s effectiveness, efficiency, productivity and competitiveness is therefore of the utmost importance. Management Audit services aim to provide comprehensive, objective, reliable and accurate assessments of company’s effectiveness, efficiency, productivity and readiness to respond to changes in the macro environment.

Management audits guarantee a true & fair analysis and status quo definition through a neutral third party. Due to the individual feedback about his/her personal strengths and weaknesses the executive manager has the ability to establish a verified basis for his/her further career-and personal development.

Management audits provide transparency regarding management competence and potentials. They offer the possibility for reliable comparisons with other companies about structure and quality (benchmarking). In other terms, management audits serve as an uncommitted basis of decision-making for the assignment and personality development of executive managers.

Area of application of management audits are:

• Merger and restructuring processes focus on how positions should be filled in general.
• Drawing up significant management statements following various changes in strategy.
• Benchmarking / Due diligence analysis is done for the determination of the company’s position among
• competitors also compared with best practice.
• Advising the company regarding development and succession planning processes.

A Yadav & Associates LLP specializes in Management Audits, which are primarily conducted to provide the client’s management with a clear, comprehensive and unbiased analysis of the functional efficiency & effectiveness of the organization and to suggest possible areas for improvements. We, at A Yadav & Associates LLP, to the great extent, believe in Management Audits being a value addition exercise rather than a mere compliance exercise.

A Yadav & Associates LLP firmly believes in providing value added services through highest levels of professional competence and integrity to its clients. In order to suit the individual client specific requirements our Management Audit services are designed. It provides assistance to clients in managing their key business matters, be it achieving strategic business objectives, meeting operational challenges, in compliance with regulatory norms or managing reporting requirements.

Keeping in mind the Risk Management framework, our management audits adopt “Risk Based Audit” (RBA) approach and other tools and techniques for accomplishment of the audit objectives. Our Management audits focus on: