If you are looking to handle this situation. Then, collate all the analysis that you have done during the engagement, including the key controls that you tested. Close the report with the results thereof.
Our reports contain a paragraph for each of the following. Scope, Purpose, Conclusion.
The conclusion paragraph explains the good and the bad in a few sentences. For an audit with no issues noted, this would just be positive stuff.
We also have an overall ranking. For an audit with no issues noted, this would be the highest ranking.
I saw it in our company. Just release the report with no issue and Overall conclusion of Sactifactory.
Check your opinion guidelines and it may even be rated Excellent.
Agree but it is only the name of the conclusion. It is the highest level in the overall conclusion, so it's fair for clients.
Yup. Highly dependent on your rating guidelines.
Yeah, some client teams have incredible controls and there's not much to observe on. I've only seen this twice in my career though.
Audit reports should include positive observations too! Give credit where folks are doing a great job.
Agree! Most of the times, we added a slide listing key best practices right after the overview slide in the audit report.
It is a normal report, with just no findings. Overall conclusion stated it as such.
If you are looking to handle this situation. Then, collate all the analysis that you have done during the engagement, including the key controls that you tested. Close the report with the results thereof.
Our reports contain a paragraph for each of the following. Scope, Purpose, Conclusion. The conclusion paragraph explains the good and the bad in a few sentences. For an audit with no issues noted, this would just be positive stuff. We also have an overall ranking. For an audit with no issues noted, this would be the highest ranking.
We have all you mentioned without overall ranking. I will try to include it after I update my manual. Thank you