Objectives:

• Learn the importance of audit follow-up and the increased value audit can provide

• Learn how to perform effective audit followup

• Learn how to effectively communicate findings and analyze and understand root cause analysis

Agenda:

I. Introduction and Background

a.      What is Audit Follow-Up

b.     How to Add Real Value

c.      When does the Audit Process stop?

d.     Why is Follow-Up Necessary

e.      What do the Standards say?

II. Writing Recommendations and Action Plans

III. Audit Report Finalization

a.      How can we help to facilitate completion of the audit report?

b.     What issues arise?

c.      What are the main challenges?

d.     Agreement on Action Plan and Recommendations

e.      Appropriate Ownership of Action Plan

f.        Importance of Implementing Recommendations

IV. Root Cause Analysis

a.      Foundation

b.     Condition

c.      Cause

d.     Effect

e.      Recommendations

f.        Action plans

V. Audit Follow-Up Policy

a. Importance of a Policy

b. Contents of a good Follow-Up Policy