Internal Audit Process - Follow-up
Phase 4 - Follow-Up
With the release of the final internal audit report, there is an expectation that management will follow-up and report on the actions set out in the action plan. To encourage that outcome, Corporate Internal Audit Services follows up on the status of significant issues and trends and may decide to conduct a follow-up audit, usually within two years of the issuance of the final report. During a follow-up audit, internal auditors assess the extent to which the management action plans have been implemented.
