Open Access Article SciPap-967
Principle of Using Systemic Approach to Management Audit Implementation by Small and Medium-Sized Enterprises
by Romana Píchová 1,* and Daniel Raušer 2

1 Faculty of Corporate Strategy, Institute of Technology and Business in České Budějovice, Okružní 517/10, České Budějovice 370 01, Czechia

2 Faculty of Corporate Strategy, Institute of Technology and Business in České Budějovice, Okružní 517/10, České Budějovice 370 01, Czechia

* Authors to whom correspondence should be addressed.

Abstract: In connection with their earlier contributions, addressing the issue of systemic approach to implementing management audit with regard to small and medium-sized enterprises, the authors intend to further pursue their effort and interest in this specific area of research with the following paper. Its main objectives are to introduce own comprehensive concept, which involves the use of a systemic approach and is expressed in the form of a specific model of “Systemic approach to management audit“, and to propose both standardized and purposeful procedures related to such audit. In order to develop the concept, a questionnaire survey was conducted among a number of managers of small and medium-sized enterprises in the Czech Republic, along with structured interviews with auditors carrying out management audits in their professional practice as well. Based on their research, the authors found that the examined enterprises tend to perform management audits only on rare occasions and without using any systemic approach or particular procedures. This is mainly due to an absence of time schedules or lists of individual activities that are required in the audits according to a precisely and previously specified order, as suggested in this paper.

Keywords: Small And Medium-Sized Enterprises (Sme), Management Audit, Systemic Approach, Objective Of Management Audit, Implementation Of Management Audit, Proposals And Measures, Feedback

JEL classification:   M14 - Corporate Culture • Diversity • Social Responsibility,   M21 - Business Economics

SciPap 2018, 26(3), 967

Received: 1 March 2018 / Accepted: 24 October 2018 / Published: 23 November 2018