Review the audit finding report dated [Audit Date] for [Department/Division] and develop a comprehensive management response. Your response should address the root cause of the identified issue, include the steps taken to correct it, and outline any preventive measures to avoid recurrence. Ensure that the response includes specific corrective actions, timelines for implementation, responsible roles, and any resources required. Additionally, verify compliance with internal and regulatory requirements. Provide supporting evidence for any actions taken and include a detailed follow-up plan for monitoring the corrective actions. The document should be structured as follows:
Issue Description
Root Cause Analysis
Corrective Action Plan
Implementation Timeline
Accountable Person(s)
Follow-Up & Monitoring
Ensure that the management response is clearly communicated and easy to track for compliance reporting.