Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who is responsible for deciding what action is taken on audit reports?

0
10 Posted

Who is responsible for deciding what action is taken on audit reports?

0
10

Normally, the senior manager to whom the report is directed decides the most appropriate action to take with respect to recommendations. Internal Audit will facilitate the process if requested. However, if Internal Audit believes the University remains overly exposed to risk as a result of the actions proposed/taken, and agreement cannot be reached on the issue, it is referred to the Board Audit Committee.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123