question archive Explain the Conclusion and Reporting Stage of Management Audit

Explain the Conclusion and Reporting Stage of Management Audit

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Explain the Conclusion and Reporting Stage of Management Audit.

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There are various complexities in their entire management audit processes, There are four stages of the Management Audit. But the Conclusion and Reporting Stage of Management Audit is discussed and explained below:

The Reporting Stage of Management Audit is the stage where the audit is completed and the key recommendations are put forth by the auditor to the management. This review or report sent to the management. This type of internal audit. Under this, the report is concluded and the auditor sends a letter to the management concluding the internal controls and corresponding recommendations.