Post-audit process?

[archived_user]

Hey guys, I think I’ve read the CFAI books about 10 times now and can’t recall ever coming across a “post-audit”. I found the question in the second CFA sample exam (first fee paying one), stating that a post-audits purpose is to improve forecasts and operations. Could someone please explain or expand on this? Thanks,

 

[archived_user]

its in corporate finance when it goes over the process of capital budgeting