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Headquartered in Dubai, United Arab Emirates, Economic Zones World (EZW) free zone is committed to the ownership, operation, management and development of free trade zones and industrial parks under the Dubai World Group. This free zone was established in 2006 with the aim of providing a robust network of infrastructure platforms of such zones and parks across the globe with an objective to support the dynamic expansion of its booming international customer base. EZW operates as a subsidiary of DP World FZE and is a responsible and socially committed global organization that aims to deploy its evolving dynamic and customer-centric business models to grow and maintain a sustainable society wherever it operates while achieving quality commercial success for its corporate ventures. The free zone is currently operating in the Middle East, Asia, Africa, Europe, and the Americas.
Management audit helps in decision making areas such as make or buy, closing down of an unit, acquisition of a business, etc.
Helps too identify the weaknesses and inefficiencies of management in different functional areas, such as production, sales, finance etc.
To critically review the organization structure.
Management audit suggests ways to utilize the resources of the organization effectively.
To evaluate the ways for improving the management efficiency and to select the best are the some of the objectives of management audit.
Management auditors requires information for the appraisal of various Managerial aspects.All information about the company will be collected.
The Management auditors should carefully examine the information may also be required to reach certain conclusions. The information should be carefully studied to ascertain the real position of organisation.
The information collected by management auditor should be compared with the objects and standards set earlier. Sometimes, information is compared with that of previous years. This will give on idea of actual performance of the entetprise. This will help in assessing the comparative performance of the unit.
The auditor prepares a report detailing the findings of the audit. Included in the report are mathematical errors, posting problems, payments authorized but not paid and other discrepancies; other audit concerns are also listed. The auditor then writes up a commentary describing the findings of the audit and recommended solutions to any problems.