To understand to the audit report you can review this sample report template.
Ensure your responses directly address the audit issues
For example: 12 transactions did not contain documented supervisory approvals.
Good Response: We agree with this finding and have amended procedures to require approvals. In addition for the 12 exceptions we have retroactively performed supervisory review and approval.
►Need to define coordinator of the action plan (who is responsible to ensure completion)
►Need an expected date of completion that makes sense.
►Coordination of efforts, technical ownership vs functional ownership of issue