Managerial Audit and Development of SME

The article deals with definition of approach of managerial audit and its importance for development of SME. Managerial audit is not understood here like a personal audit but way of the evaluation of management of the firms. The interviews with managers of SME are the essence of the managerial audit. We use for it the methodology of coaching. The aim of it is to improve process and critical parts of firms. The results of article are created in the research project No. 2E06044 "Managerial audit as a support tool for sustainable development of SMEs" sponsored by National Program of research II Ministry of education.