Management Audit Services Dubai
What is Management Audit?
Management Audit is an objective and independent appraisal of Management’s effectiveness in
attaining the overall objective of the business. It also focuses on identifying the weak areas of
the management and suggesting the steps to overcome such weakness. It is a thorough-going,
critical & constructive review of the quality of the management. Management Audit Services in Dubai is usually
conducted by External Independent Persons. The Primary objective of Management Audit is to
motivate the Management to initiate necessary actions that will bring great efficiency and
profitability to the organization.
Purpose of Management Audit:
- To assist the Management in framing its Plan, Objectives and Policies.
- To examine whether the integrated Management system is functioning properly and to
present a true & fair result of such examination. - To create co-ordination among various departments and help the Management in
effective discharge of their duties. - To ensure whether the organization is having a strong internal control system & ensure
that such system is functioning properly. - To provide the Management a basis for Critical evaluation which will help them to
overcome their deficiencies
Scope of Management Audit:
- The organizational structure setup by the Management
- Relationship among the Employees of the organization
- Services provided by the Management to satisfy the Stakeholders
- Steps taken by the Management to attain the Financial target of the entity
- Efficiency in Production & Sales
- Other Key aspects like Management of Purchases, Distribution, Finance & Accounts etc.
are also covered by Management Audit
A good internal management system is required to run the Business efficiently. To
adapt to emerging Business environment & to take on new opportunities, a good
Management system needs to be implemented.
KGRN for your Management Audit Services Dubai
KGRN Chartered Accountants provides Management audit services in Dubai with a view to assist the
Management of your Business to function with Efficiency & provide Suggestions to develop
your performance from the current state. Our motive is to first establish a high degree of
Co-ordination in your organization. By understanding the Strengths & Weaknesses in the
Management of your organization we will provide Customized plans to make your
Management function Smart.
Reference: Khaleej Times
Related Services
The auditor investigates the accessibility, clarity, and accuracy of financial data.AssuranceAssurance services focus in assessing and improving the quality of information within a business or sector.
This relates to financial information, customer feedback, employee feedback, almost any area where information is compulsory to make critical business decisions.
To offer an independent opinion or decision.The scope and landscape of audit services in Dubai may contain reviewing and evaluation for operational competencies and efficiency, consistency of financial and operational systems, capability and clearness of policies and procedures, submission with university policy and state and federal law, protection of assets, achievement of purposes and goals, or other agreed-upon procedures.We provide the following Audit Services in UAE;Operational AuditsFinancial AuditsAdvisory and Consulting EngagementsFraud InvestigationsInformation Systems AuditsCompliance AuditsExternal Audits ServicesOperational Audits Firms in DubaiThis function calculates risks and evaluates internal controls of operational systems for departments, units, and functions.
Operational audit objectives contain responsible whether operations are functioning efficiently, effectively, and in accordance with management’s committed.
The operational audit firms in Dubai function calculate the use of resources available to the department, unit or function to determine if management’s purposes and goals are being met in the most effective and efficient method.
Several areas on which financial audit firms in Dubai focus include: segregation of duties, authorizations and approvals, reviews and reconciliations.Advisory and Consulting Engagements in DubaiAdvisory and consulting engagements include evaluation of existing business processes and strategies, as well as implementations.
