The management audit is a comprehensive examination of an organization or one of its components. The management audit is implemented to identify problems or important weaknesses in the organization or corporation, thus offering management with a tool to address and repair the problem area. The management audit is defined by its scope and objectives. The scope is broad including all functions of the organization, including objectives and strategy, corporate structure, organizational planning, the budgeting process, human and financial resources management, decision making, research and development, marketing, equipment and operations, and management information systems.