Create a concise summary document of the management response to audit findings from [Audit Report] dated [Audit Date]. The summary should focus on:
Key Findings – Briefly outline the main findings from the audit report
Management’s Response – A high-level overview of the corrective actions proposed by management
Timeframe for Implementation – Key deadlines for implementing corrective actions
Accountability – Identify the primary person or team responsible for executing the corrective actions
Impact on Operations – A brief statement on how the actions will improve compliance or mitigate risks
Ensure that the document is no longer than 2 pages and includes an executive summary for senior management’s review.