can any one please tell me what is process audit?????
Dipu Divakar (Accountant) (70 Points)
17 October 2008can any one please tell me what is process audit?????
YOGESH BIRLA
(consultancy)
(45 Points)
Replied 03 March 2009
| Originally posted by :Dipu Divakar | ||
| " | can any one please tell me what is process audit????? | " |
Process Audit (PA) is an dedicated diagnostic tool for business houses and institutions as a Health Check to discover unknown, unseen and unnoticed threats that a organisation can suffer from. This is primary step to begin with Corporate Governance. It involves a business in full including competitors, customers, R&D, Costs, HR competencies, technology issues, business risks and also external regulatory implications.
Process Audit can be undertaken for an organization on a comprehensive level and can also be used for functional modules for the traditional strategic functional dimensions of
--Strategic Planning
--Sales & Distribution
--Marketing
--Manufacturing
--HR
--Finance
--Administration etc.
Warm Regards,
Yogesh Birla
BIRLA W&P Management Co.
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