What is Track Open Findings in SAP GRC-AUD - SAP Audit Management?

SAP Term: Track Open Findings

• Component: GRC-AUD

• Component Name: SAP Audit Management

• Description: A transactional app used to track and change the status of open findings.

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• Key Concepts: 
  Track Open Findings is a feature of the GRC-AUD SAP Audit Management component. It allows users to track and manage open audit findings, such as those identified during an internal or external audit. This feature helps to ensure that all open findings are addressed in a timely manner and that corrective action is taken when necessary.
  
  How to use it: 
  To use Track Open Findings, users must first create an audit finding. This can be done by entering the details of the finding, such as the type of finding, the date it was identified, and any associated risks. Once the finding has been created, users can then assign it to a responsible party and set a due date for resolution. The status of the finding can then be tracked and updated as needed.
  
  Tips & Tricks: 
  When creating an audit finding, it is important to provide as much detail as possible. This will help ensure that the responsible party understands the issue and can take appropriate action to resolve it. Additionally, users should set realistic due dates for resolution and regularly review the status of open findings to ensure they are being addressed in a timely manner.
  
  Related Information: 
  For more information on Track Open Findings, please refer to the GRC-AUD SAP Audit Management documentation or contact your SAP support team. Additionally, there are several online resources available that provide additional tips and best practices for using this feature.