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Viewpoints: Plan of Inaction

Articles ​​Olusegun Ogunnaike, TJ Scallon Apr 08, 2022

Two experts discuss the impact of corrective actions that lack action.

Competing priorities, budget concerns, or workforce constraints are some of the reasons audit clients may be slow to address recommendations for corrective actions. Action plans are more effective when internal audit and management ensure that “exit criteria” are fully understood by both parties.

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​​Olusegun Ogunnaike

Business Consulting Partner, EY

TJ Scallon

U.S. Advisory Partner for Internal Audit and Enterprise Risk Services, Financial Services, KPMG

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