Whether or not you’ve visited the Caribbean, you’ve likely consumed the fruits of the region—and not just the bananas and breadfruit, which ironically…
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REPORTING PROCEDURES
Draft Report
Audit reports are normally prepared in draft form in order that they may be initially reviewed with the auditee prior to the issuance of a final audit report. The Chief Audit Executive reviews the draft report with the appropriate Vice Presidents or their designee.
Corrective Action Response
The auditee is required to submit a written corrective action response to Internal Audit within twenty working days from the audit report date. The response is included in the final audit report submitted to the Audit & Compliance Committee of the Board of Trustees and states the corrective action proposed and/or taken, including a timetable for carrying out the corrective actions.
Follow-up
At periodic meetings, Internal Audit will present a status report concerning implementation of the corrective actions recommended by Internal Audit.
