Audit recommendation definition
Audit recommendation means a written suggestion/recommendation for specific action to correct a deficient condition, prevent a recurrence of the condition, and to alleviate the adverse effect of the condition or request repayment of funds used improperly.
Examples of Audit recommendation in a sentence
Management accepted the Audit recommendation and stated (April/ May 2019) that the possibilities of digitising the forex payments and investments are being looked into.
Following each Audit, the Authority shall provide to the Service Provider, within a reasonable time, a report in writing which is approved by the relevant Authority's Audit Agents indicating: any areas of non-compliance with the Agreement which the Service Provider is required to rectify; and any reasonable Audit recommendation which the Authority requires the Service Provider to implement in order to comply with the terms of this Agreement.