During an exit interview, senior management disagrees with some of the facts presented in the draft audit report and wants them removed from the report. Which of the following would be the auditor's BEST course of action?
During an exit interview, senior management disagrees with some of the facts presented in the draft audit report and wants them removed from the report. Which of the following would be the auditor's BEST course of action?
When senior management objects to the facts presented in a draft audit report, the auditor's best course of action is to gather evidence to analyze these objections. This approach ensures that the audit report is based on accurate and substantiated information before any further decisions are made regarding the objections. Revising the assessment solely based on objections without evidence, escalating the issue immediately, or finalizing the report without changes could all lead to incomplete or inaccurate conclusions. Therefore, gathering evidence allows for a thorough evaluation and supports the integrity of the audit process.
For me is B is the best option: Gather evidence
Any observation must be analized
If the dispute is unresolvable and of significant importance, escalation to audit management may be considered, but a thorough evaluation of the basis for the dispute will usually be undertaken first.
B must precede first.
If the objections cannot be resolved through discussion, the auditor should escalate the issue to audit management for further review. The audit management can review the objections raised by senior management and the evidence supporting the audit findings and determine the appropriate course of action.
C. Escalate it.
C or D is much better option
yes. Unless it is pointed out that the facts are incorrect, mere disagreement will not do. Should be escalated to Audit management