What Does AFR Stand For?
AFR stands for Audit Finding Report
The Audit Finding Report (AFR) is a formal document that outlines the results of an audit, including identified discrepancies, non-compliance issues, and areas of risk. The report provides a detailed analysis of the audit findings, recommendations for corrective actions, and a summary of any implications for the organization. It serves as a critical tool for stakeholders to understand audit outcomes and ensure accountability and improvement in operational or financial processes.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym