Management Audit is a systematic examination of decisions and actions of the management to analyse the performance of the organisation. Management audit involves the review of managerial aspects like organizational objective, policies, procedures, structure, control and system in order to check the efficiency or performance of the organization.

Unlike financial audit, management audit mainly examine the non-financial data to audit the efficiency of the organization. Management Audit focuses on results, evaluating the effectiveness and suitability of controls by challenging underlying rules, procedures and methods.

Management Audit is an assessment of methods and policies of an organization’s management in the administration and the use of resources, tactical and strategic planning, and employee and organizational improvement and focused on the critical evaluation of management as a team rather than appraisal of individual.