Developing Elements of a Finding
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GAO-03-673G Government Auditing Standards > Chapter 4 Field Work Standards for Financial Audits > Developing Elements of a Finding
4.21 Audit findings, such as deficiencies in internal control, fraud, illegal acts, violations of provisions of contracts or grant agreements, and abuse, have often been regarded as containing the elements of criteria, condition, and effect, plus cause when problems are found. However, the elements needed for a finding depend entirely on the objectives of the audit. Thus, a finding or set of findings is complete to the extent that the audit objectives are satisfied. When problems are identified, to the extent possible, auditors should plan audit procedures to develop the elements of a finding to facilitate developing the auditors’ report. (See paragraph 5.15 for a description of the elements of a finding.)
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