What are the objectives of efficiency audit ? Explain the advantages of efficiency audit.

Objective of Efficiency Audit The objectives of Efficiency Audit can include assessing one or more of the following: The level of efficiency achieved by an organizational operation in relation to reasonable standards; The adequacy and reliability of systems of procedure used to measure and report efficiency; An organization's efforts to explore and exploit opportunities to improve efficiency; and Whether the management processes and information systems, operational systems, and practices of an organization help to achieve efficiency. Advantages of Efficiency Audit Help managers and staff to be more sensitive to their obligation of due regard to efficiency; Underline the importance of measuring efficiency and of using that information for managing operations and providing accountability; Identify means for improving efficiency, even in operations where efficiency is difficult to measure; Demonstrate the scope for lowering the cost of delivering programs without reducing the quantity or quality of outputs or the level of service; Increase the quantity or improve the quality of outputs and level of service without increasing spending; and Identify needed improvements in existing controls, operational systems, and work processes for better use of resources.