Below are the answers to the quiz at the end of the Approving and Distributing the Audit Report article by J.P. Russell.
Answers
- 2) The audit report should be issued within an agreed upon period of time. Yes, it should also be reviewed and approved (as in option d) but there is no time element for that choice. Many organizations have a set time period for control purposes.
- 1) The audit report should be dated, reviewed, and approved, as appropriate, in accordance with audit program procedures. Yes, it should be proofed to eliminate embarrassing errors. In the electronic world, proof of approval and review may be a code instead of a signature.
- 4) The audit report should then be distributed to the recipients as defined in the audit procedures or audit plan.
- 3) The audit report should then be distributed to the recipients as defined in the audit procedures or audit plan. This is an open-ended statement that requires the user of the standard to sort it out.