ToolFollow-Up
Management Action Plan Quality Tool
Check that proposed corrective actions are specific, owned, measurable and actually address the root cause — before the report is issued.
PDF • 6 Pages • Free
Template
Management Action Plan Template
Follow-UpGovernance
Document management actions that address the root cause, with milestones, dependencies, budget, evidence of completion, a success measure and Internal Audit validation of residual risk.
What you'll find inside
- Header fields: finding reference, action owner, executive sponsor, target date, priority and status
- Action design: root cause addressed, action description and expected risk reduction
- Implementation: milestones, dependencies or budget, and evidence of completion
- Validation: success measure, Internal Audit validation, and residual risk or next step, plus a working table
- A worked example: maker-checker verification for bank changes, evidenced by workflow configuration, a procedure update and the first-month exception report
- Completion and sign-off page: final quality check, prepared by / reviewed by, final conclusion and outstanding follow-up
Best for
- Audit Managers
- Internal Auditors
- Risk Professionals
- Heads of Internal Audit
Resource information
- Format:
- Pages:
- 6
- Price:
- Free
- Registration:
- Not required
© Salih Ahmed Islam
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