For the purpose of this response, I’ll assume it is an audit undertaken by accountants that your firm has engaged with.
We’ve always found our auditors to be helpful when potential breaches are spotted. Ask for feedback and clarity – how else can the firm learn from this. We also provide a management response to our accountants for all observations, big or small and then file this with the audit report to evidence our reflection and change of systems and controls if required.
Kind regards
Marc