Operational audit


The operational audit is the one focused on exhaustively evaluating the use of the resources that an organization has and if it efficiently and quality achieves its set objectives.

By conducting an operational audit, companies and institutions of all kinds have the possibility of studying whether they function efficiently.

In this sense, the detailed analysis of the management of the resources that a company has is important when it comes to knowing its operational effectiveness. At the same time, it must establish quality parameters in which each company must operate.

The processes that a company, or any government, must undertake must be carried out in an efficient and coordinated manner to avoid anomalies and efficient losses that lead to other organizational consequences.

For all these reasons, the internal control system of a company is made available to the auditor, in order for the auditor to identify if it is working efficiently or, in any case, if there are points of process improvement.

Features of the operational audit

As with other modalities of audit action, the operational one has some outstanding features that should be noted:

  • Any type of process is susceptible to analysis and measurement, from economic-financial to labor relations within a company
  • Due to its wide operating margin, this discipline requires auditing professionals with specific training in various fields. That is, multidisciplinary professionals (subjects such as commercial or tax law, accounting and human resources are the most widespread)
  • As with other modalities, the operational audit must identify possible failures, but at the same time define through its audit report paths to take or process improvements that improve its organizational cohesion

This form of auditing is frequently applied in practically all sectors of the economy. This is because every organization has room for improvement on its way to efficiency and profit maximization.

In other words, a correct reading of the management of its resources operationally supposes the improvement of the level of competitiveness of a company.

A simple example of the benefits of applying this type of methodology is to see those companies that decide to outsource services.

This occurs because they deduce that they are more efficient complying with this step, as in the case of financial entities that outsource or subcontract their back office as a way to save on costs.

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