How you can make the HSE audit more beneficial and valuable to the organization comparing by audit cost?

Audits of Safety if not done well translates as liability to the accounting ledger. Safety Audits are done as a tool to determine any probable root causes that may not be seen in any routine inspection. In large companies like Aramco, it is very critical because here we can predict ant MTBFm and any layers where safety might have been either neglected or taken for granted. There is no direct algebraic equation that details Safety Audits vs Cost Auditsm but one thing's sure should your system fails with out any warning, you will be having a fiasco transcending to your accounting ledgers. Company objectives are translated into Operational Excellence with both leading and lagging KPIs are used also to guide companies in their financial projections and operational excellence. Safety audits are fr both personnel and systems how do they perform to attain their objectives. 

Each and every organization, businessmen, joint venture, big or small, even a grocery shop owner invests money just having one aim "PROFIT", either in promoting the business or increasing the assets. The Auditors must not forget to address all the issues and findings in a manner that shows increase in profit or reduction in losses, HSE does not mean only "Stop the work", HSE means progress in safe manner preventing the losses.

As corporate audit program activities expand from ensuring compliance to assessing systems for environmental, health, and safety management, some companies are shifting part of the responsibility for compliance assessment to line organizations. This shift requires new kinds of expertise at the business level and new oversight responsibilities for the corporate audit program. As the experience of colloquium participants shows, pushing compliance audits down to the line can be successful if attention is paid to issues such as:

Clearly defining requirements and guidelines, including laws, company standards, and industry practices

Making best use of information technology to transfer lessons learned

 Placing responsibility and accountability for compliance with the facility

 Increasing the corporate audit group’s focus on management systems

The majority of organizations believe that security in HSE, it is only if a particular emergency by an unwanted event.

Security audits help identify the associated risk before they occur.

The routine security is based on very specific jobs, and are not traditional risk analysis evaluated the HSE audit.