Management Training and Development Expenditures: : Perspectives from Auditing, Economics and Human Resource Management

Abstract

Proposes that far more attention needs to be given to the evaluation of managerial training and development expenditures (MTDEs) to ensure that they represent an adequate return on corporate investment expenditure. Suggests that internal auditors are currently much better equipped than human resource managers to evaluate MTDEs. Warns that much which now passes for investment in MTDEs is likely to be x‐inefficient. Concludes that expenditures on specific tasks approved by the auditors rather than expenditures on MTDEs approved by human resource managers are much more likely to be worthwhile.

Citation

Craven, B.M. and McNulty, M.B. (1994), "Management Training and Development Expenditures: : Perspectives from Auditing, Economics and Human Resource Management", Managerial Auditing Journal, Vol. 9 No. 6, pp. 3-9. https://doi.org/10.1108/02686909410061215