Enterprise Performance Efficiency Audit: the Methodological Aspect
Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 1
Abstract
The article aims to study the theoretical and methodological aspects of enterprise performance efficiency audit and to develop recommendations on improvement of its procedure. The article considers the essence of enterprise performance efficiency audit and proposes its definition as a task aimed at ensuring certainty which implies evaluation of the efficiency of the management system of an enterprise and effectiveness of its business operations. The article identifies the targets, objectives and functions of the enterprise performance efficiency audit. This type of audit focuses on the efficiency of the organizational enterprise management system and effectiveness of business operations of the enterprise. The objective of enterprise performance efficiency audit is the study of the operational results of the business entity and assessment of the economic feasibility of its organizational management mechanism, development of recommendations on optimization of management technologies. Taking into account the overall paradigm of efficiency audit, the study identifies its primary criteria: economic feasibility, production capacity, productivity. The article discusses basic stages and procedures of enterprise performance efficiency audit. The authors propose a system of indicators for analysis of efficiency of the organizational system of enterprise management and evaluation of effectiveness of its business operations.
Authors and Affiliations
Svitlana Burlan, Natalia Katkova
Keywords
Related Articles
- EP ID EP127384
- DOI -
- Views 165
- Downloads 0
Research and Practical Aspects of Implementation of the Sustainable Development Concept: Domestic and Foreign Experience
The article deals with the analysis of research and practical basis for implementation of the sustainable development concept in the system of governmental management of the country development at the national and region...
Efficiency of the investment mechanism of electric energy companies: dialectics of qualitative and quantitative transformations
The article justifies a dialectic interconnection between the economic and investment mechanisms of an enterprise, which is mediated with the financial mechanism. The investment mechanism of the enterprise is divided int...
Financial policy of prevention and liquidation of consequences of global economic instability: foreign experience
The article considers main measures of the financial policy realised in the countries of the world, in particular, Europe, USA, China and Japan, directed at prevention and liquidation of consequences of crisis phenomena...
Industrial Policy of Regulating Innovative Modernization of Production Processes in the Iron and Steel Industry of Ukraine
The aim of the article is to analyze the characteristics of carrying out the innovation activity by the metallurgical enterprises of Ukraine during the period of 2011-2013. The structure and direction of the innovation a...
State and problems of introduction of economic management at Ukrainian enterprises
The article considers a wide range of scientific and practical issues that characterise the state and identify problems of economic development and ways of their solution. The study uses the Enterprise Performance Manage...