HOW WILL AUDIT FINDINGS BE REPORTED?
The appropriate people will be kept appraised of the auditor’s findings throughout the course of the audit. At the conclusion of the audit, you will be provided a draft of the audit report for your review before the final version is issued. You will also be given the opportunity to discuss the draft audit report at an exit conference with the audit team members. If the report contains recommendations, written responses detailing corrective action, a projected implementation date, and the responsible party will be required. The response is included in the body of the report. All audit information is treated as confidential and is reported only to those within the institution who need to know. The final report is distributed to appropriate management personnel, the Audit Committee, the President, and UT System Administration.
