can any one please tell me what is process audit?????
1 Replies
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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