Management audit is a technique that helps to measure the efficiency and effectiveness of management. It is a comprehensive and constructive review Thus, we can say it is defined as the review of the functioning performance and to improve its efficiency in the future. Hence, it serves as an effective technique of control.
The following points are proving the same.
1. It helps to locate present and potential deficiencies in the performance of management functions.
2. It helps to improve the control system of an organization by continuously monitoring the performance of management.
3. It ensures-updating of existing managerial policies and strategies in the light of environmental changes. This results in the efficient controlling of management.
