Effective management and governance auditing
Keywords:
Management audit, corporate governance, transparency, risk management, continuous improvementAbstract
This paper reviews the impact of management auditing and its contribution to effective governance in organizations. Management auditing is a key tool for continuous improvement, assessing the efficiency, effectiveness and economy of organizational processes, allowing companies to optimize the use of their resources and achieve their strategic objectives. In addition, critical factors for effective governance are examined, such as clarity in decision-making, transparency, risk management and a strong organizational culture. Effective governance ensures that organizations operate in an ethical, transparent and sustainable manner, protecting the interests of all stakeholders. However, both management auditing and governance face challenges, such as resistance to change and the need to maintain effective communication between different levels of the organization. The paper concludes that the combination of rigorous management auditing and strong governance is essential for the long-term success and sustainability of any organization. The importance of a strategic approach and the implementation of appropriate control mechanisms to mitigate risks and improve accountability is highlighted.
Keywords: Management audit, corporate governance, transparency, risk management, continuous improvement.
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