The Basic Principle of Management Audit

A principle of management audit allow auditors to pore over an organization's operating data and determine factors that may derail corporate progress. These principles are important because they help top leadership make well-inform decisions and provide corrective measures for high-risk activities. Some of the principles are :

1. Integrity
2. Fair presentation
3. Due professional care
4. Confidentiality
5. Independence
6. Evidence-base approach

There are seven basic principles that must be observe in order for Auditors of management goals, including:

• The Audit emphasis is focus on the object of the audit that could be fix. - This principle of directing audits on various management weaknesses in the form of an operational run inefficient and ineffective purpose achievement manufacturing company failure in applying the various provisions and regulations and the policies define.


• Prerequisite assessment of activities of the audit object - the audit is a prerequisite that must be done before the assessment was done.


• Disclosure in reports on findings are positive - Provide objective assessment against objects that are audit.


• The identification of the individuals responsible for the deficiencies that occur. - This is important because by knowing these individuals will be more in dig at issue and the causes of the occurrence of such weaknesses, so that the Act of correction that will be done will be more quickly and precisely.


• The determination of the action against the officer who should be responsible. - Although Auditors are not breaks give sanctions, but the auditor can provide appropriate sanctions that consideration will be given to the responsible party.


• Violation of the law - Although not the primary task an auditor investigation against violation of law, auditors must immediately report the findings of infringement.


• The investigation or prevention of cheating. - In the event of fraud or (fraud), then the auditor must be a member of the more investigate in attention and against the expect election fraud does not happen again.

This is the first principle related to the auditor. Honesty theory is the foundation of professionalism. Integrity is essential for auditing. The auditor should do its auditing with integrity. Accordingly, the auditor should work with honesty, hard work and responsibility.

Statutory and regulatory requirements

Auditor must abide by the applicable legal (statutory and regulatory) requirements and must abide by it. The auditor should show his abilities while doing his job. He should do his job fairly. It should be fair and fair in all his dealings. Any effect apply to its judgment while conducting the audit should be sensitive.