Thread Starter: Josie
Title: Re: audit results
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We were recently given a "matters requiring attention" on flood. There was a scrub completed on the loans requiring flood insurance to correct any errors. I was instructed by the examiners to complete an audit after the scrub, which I have just finished. The bank president asked me to meet with him a few days ago. He wanted to let me know that if my audit shows a rating of "needs to improve" and if that draws the examiners attention, that the audit department will be outsourced. I don't feel that the audit deserves a "needs to improve", however, I feel like I have been asked to be unethical. Should I take any action?
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