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In the Exit Meeting of an audit, if Management completely disagrees with auditors finding, then should that observation be given in the audit report.?

<p>In th</p>

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Question added by Ali Hussain Yousuf , Assistant Manager Internal Audit , Index Exchange LLC
Date Posted: 2014/09/21
Sikandar Iqbal
by Sikandar Iqbal , Senior Associate , A.F.Ferguson & Co. Chartered Accountants (A network firm of Price Waterhouse Coopers LLP

Only in case you can justify that observation, that is you can build a complete case and have proofs to support it.

Waqayan Al Waqayan
by Waqayan Al Waqayan , Secretary of Sharia Supervisory Board (SSB) , Ahli United Bank (AUB)

If you were not convinced with management reply, you have to include this finding to the audit report with management's response.