6.0 Trend Analysis

To identify recurring issues for improvement by analyzing audit findings over time. Conducting periodic trend analysis enables the organization to recognize patterns, systemic weaknesses and areas requiring sustained attention.

This analysis helps in addressing root causes rather than isolated symptoms, leading to more effective and long lasting corrective actions. It also supports continuous improvement efforts by informing management of potential risks and guiding strategic decision making.

The findings from this analysis must be documented in a Trend Analysis Report, which serves as a reference for tracking progress and measuring the effectiveness of corrective actions. The Auditor is responsible for carrying out this analysis, with the frequency set at annually or as needed, depending on the volume and significance of the findings.