Auditable Management Review Controls Lower Cost of Compliance

Author: Joe Howell

Read time: 7 minutes

Key takeaways: 
  • Do audit failures result solely from auditor carelessness or poor training, or are audit clients also culpable in some way?
  • Improperly designed and documented management review controls lead to inefficiencies that increase the cost of compliance for both management and auditors.
  • The potential of a failed audit inspection by the PCAOB adds cost and risk.
Auditable Management Review Controls Lower Cost of Compliance