Management audit is a comprehensive and complete examination of all managerial functions and the effective use of their total resources in achieving the goals of an organization. According to Taylor and Perry “Management auditing is a method to evaluate the efficiency of management at all levels throughout the organization in order to ascertain whether sound [...]

1. Establishing the objects of organization- The first job in the management audit is to identify the objectives of the business organization. 2. Evaluation of the organization structure- Next step in the management audit is to evaluate the organization structure. To find out that whether the structure enough to achieve the goals of the organizations. [...]