What are the key action items after an audit?
After an audit, key action items typically include addressing identified issues, implementing recommendations, and updating policies.
Can you give me examples of common issues found during audits?
Common issues include non-compliance with regulations, inadequate documentation, and weaknesses in internal controls.
How should we prioritize these action items?
Prioritize based on risk level, impact on operations, and regulatory requirements. High-risk items should be addressed first.
What timeline should we set for these action items?
Timelines vary, but aim for immediate actions within 30 days, and longer-term improvements within 6 to 12 months.
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