OBJECTIVES OF EFFICIENCY AUDIT

The objectives of auditing efficiency can include assessing one or more of the following:

– the level of efficiency achieved by an organization or operation in relation to reasonable standards;

– the adequacy and reliability of systems or procedures used to measure and report efficiency;

– an organization’s efforts to explore and exploit opportunities to improve efficiency; and

– whether the management processes and information systems, operational systems, and practices of an organization help to achieve efficiency.