1. Objective Setting

The management audit begins with defining the objectives and scope of the audit, which may include assessing the organisation's leadership, decision-making processes, organisational structure, and strategic planning.

2. Data Collection

Auditors gather data through interviews, surveys, and document reviews to understand the organisation's management practices and identify areas for improvement.

3. Analysis

The collected data is analysed to evaluate the organisation's management practices against industry standards, best practices, and regulatory requirements.

4. Findings and Recommendations

Based on the analysis, the auditors prepare a report highlighting their findings and recommendations for improving management practices, enhancing operational efficiency, and achieving strategic objectives.

5. Presentation

The audit findings and recommendations are presented to the organisation's management team and stakeholders, providing them with insights into areas needing improvement and potential strategies for enhancement.

6. Implementation

Management reviews the recommendations and decides on the actions to be taken. Implementation of the recommended changes is monitored to ensure they are effectively implemented and yield the desired results.

7. Follow-up

Auditors may conduct follow-up audits to assess the implementation of the recommendations and the impact on the organisation's performance over time.