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Basel Committee / BCBS EAD EDTF GPPC GCRAECL IAS IAS 39 IAASB IFRS IPE IS ITGCs KAM LGD PD SEC SIB SICR US GAAP Exposure at Default Enhanced Disclosure Task Force Deloitte EY Grant Thornton KPMG and PwC Instruments Recognition and Measurement Key Audit Matters Loss Given Default Probability of Default Securities and Exchange Commission Systemically Important Bank US Generally Accepted Accounting Principles Assurance Standard Board December 2007 Supervisory Guidance on Model Risk Management...
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Form auditors response is typically a response to findings and recommendations provided by auditors after conducting an audit.
The entity or organization being audited is typically required to file form auditors response.
Form auditors response is usually filled out by addressing each finding or recommendation from the auditors with a response and action plan.
The purpose of form auditors response is to address and implement the recommendations made by auditors to improve processes and internal controls.
Form auditors response typically includes details of each finding or recommendation, along with the action planned to address them.
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