Definition Open Audit - What does an Open Audit mean?

Manasa

Starting to get Involved
#1
What does an open audit mean? I came across a process flow chart for Internal Audit. In the "With what measure?" box it has "Number of open audit actions". I didn't quite get that. Please help me understand. Thanks in advance.
 
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Marc

Hunkered Down for the Duration
Staff member
Admin
#2
My guess in this case is that "open audit(s)" means audits which have not been completed and closed. "Number of open audit actions" is pretty clear.
 
#4
It could also mean any issues reported from an audit that are not closed/still open. It all depends on the context (there's THAT word again).
 
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