What is the overall goal of conducting an operational audit?

The overall goal of conducting an operational audit is to enhance overall business performance. An operational audit focuses on evaluating the effectiveness and efficiency of an organization’s operations and processes. This involves assessing whether resources are being used optimally, identifying areas for improvement, and ensuring that the organization's objectives and goals are being met effectively.

By conducting an operational audit, a company can gain insights into its operational activities, identify bottlenecks, streamline procedures, and ultimately improve productivity and profitability. This comprehensive evaluation helps organizations to adapt and thrive in a competitive landscape, making it a vital component of strategic planning and operational management.