Question

Discuss the "Condition" attribute of a well written audit finding/observation?
(Note: Do not discuss the components of the Audit report, but only of a finding/observation)

Answer 1

Audit finding and observation which is a part of audit report. As we know it's a criteria for analysis or determining the problem and provides solution as well . It's very benefit for the management .Here we discuss the certain condition for well written audit finding/observation towards a attributes.

1.Condition:

while looking to the condition of a attributes it's leads to the result of the audit. Here we are analysing about the problem .How the things has happened.

2.Criteria:

It's a another condition which stick towards result by best practices. Here we can estimate how the work has done. Criteria tells about a standard follow for the particular work.

3.Cause:

"Cause" explain how the particular problem has happened. What led to the attributes .What was the weakness.

4.Effect:

It's talking about the risk. What was the importance between condition and criteria. It basically express the quality of work towards a attributes.

5.Recommendation:

It takes to the another level for best action. So based on Above condition the step can be taken for the attribute.it based on effect what should be done.