THE STRATEGIC AUDIT AND ITS ROLE IN THE REFLECTION OF THE COMPANY REAL ACTUALITY Cover Image

THE STRATEGIC AUDIT AND ITS ROLE IN THE REFLECTION OF THE COMPANY REAL ACTUALITY
THE STRATEGIC AUDIT AND ITS ROLE IN THE REFLECTION OF THE COMPANY REAL ACTUALITY

Author(s): Coca Elena Enachescu, Bogdan Constantin Andronic, Carmen Luiza Costuleanu
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: strategic audit; evaluation; inventory decisions; performance; company

Summary/Abstract: The concept of strategic audit expresses the evaluation of the performances and the examination of the opportunity of the inventory decisions. This concept has as object the evaluation through a very sure manner of the success chances of one company, reported to a certain deadline. In contrast to “company diagnostic”, the strategic audit is linked to concepts and analysis methods. The strategic audit is possible when it is proceeding to a confinement of one company’s activities into distinct fields. The strategic analysis offers instruments and concepts allowing the radiography of the fields portfolio, from which will be detached the adequate appraisals. As a result of the quality of the exploited portfolio and of the certitude of competitive advantages, it will be realized an appreciation of the future chances of the company. The strategic audit is regarding the quality of the management and the evaluation of the means at the disposal of the company: human, material, financial and informational. Thus, the evaluation of the chances toward the success is taking into account the quality of the management, the compatibility between the requirements, strategic options and the means at the disposal of the company.

  • Issue Year: 18/2008
  • Issue No: 3
  • Page Range: 538-542
  • Page Count: 5
  • Language: English