Question

Explain the need, purpose and the scope of HR Audit. Describe the similarities and differences between the HR Audit and Financial Audit.

27 Oct 2021
Answer :
Word Count : 539

Human Resource Planning (HRP) is a crucial strategic process aimed at identifying and fulfilling an organization's human resource needs to achieve its objectives. Within this framework, Human Resource (HR) Audit emerges as a critical tool used to assess the effectiveness, efficiency, and compliance of HR practices within an organization. Let's delve into the need, purpose, and scope of HR Audit, while exploring its similarities and differences with Financial Audit.

### Need for HR Audit:

1. Strategic Alignment: To ensure HR practices align with organizational goals, helping in the allocation of resources optimally.
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