CS Professional · CSR and Social Governance · Social Impact Assessment and CSR Audit
A CSR audit report on Delta Power Ltd contains observations on delayed project milestones and weak documentation. What is the most appropriate next step in the audit process?
The report should be placed before the Board or CSR Committee, and implementation of the recommendations should be followed up. Reporting to governance and tracking corrective action completes the audit cycle and improves delay and documentation weaknesses in future CSR projects.
- ADestroy the working papers
- BPlace the report before the Board or CSR Committee and follow up on implementation of recommendationsCorrect
- CHide the findings from the Board to avoid conflict
- DClose the matter since the report is issued
Explanation
After reporting, findings go to those charged with governance, the Board or CSR Committee, and the auditor or company follows up to see that corrective action is taken. Concealing findings or ignoring follow-up defeats the audit's value.
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