Auditors Should Monitor the Results from Previous Audit Findings and Recommendations

Auditors should monitor the results from previous audit findings and recommendations to ensure that the customer has taken corrective action or consciously accepted the risk of not implementing corrective measures. The level of appropriate follow-up on prior findings is determined by the following:

A) The amount of time management has had to correct the problem.
B) The amount and quality of interim feedback the auditor has received from the customer regarding the status of correcting the finding since the prior audit.
C) The amount of risk and exposure involved if corrective actions fail to correct the problem.
D) All of above.