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periodic audit

См. также в других словарях:

  • audit — [ôd′it] n. [ME < L auditus, a hearing, pp. of audire: see AUDIENCE] 1. a formal, often periodic examination and checking of accounts or financial records to verify their correctness 2. a settlement or adjustment of accounts 3. an account thus… …   English World dictionary

  • audit cycle — The process of conducting an audit or a series of audits over time. In external auditing, the audit cycle tends to be scheduled in several important phases: (i) interim visits to perform *analytical and *compliance reviews; (ii) attendance at… …   Auditor's dictionary

  • audit universe — The total potential scope of work within an auditor’s remit. *Audit planning involves the allocation of resources to individual *auditable units within an audit universe, normally on the basis of a combination of the following: (i) *materiality… …   Auditor's dictionary

  • audit rotation — The periodic changing of external auditors. Some countries Italy and Spain, for example have traditions of requiring listed corporations to rotate auditors after a defined time period (typically five or seven years) in an attempt to encourage… …   Auditor's dictionary

  • Audit Department — A unit within a company that is responsible for overseeing the procedures and accuracy of recordkeeping and accounting functions within that company. The audit department conducts periodic audits, typically with a much greater emphasis… …   Investment dictionary

  • Continuous Audit — An auditing process that examines accounting practices continuously throughout the year. Continuous audits are usually technology driven and designed to automate error checking and data verification in real time. A continuous audit driven system… …   Investment dictionary

  • Database audit — Database auditing involves observing a database so as to be aware of the actions of database users. Database administrators and consultants often set up auditing for security purposes, for example, to ensure that those without the permission to… …   Wikipedia

  • Continuous auditing — is the independent application of automated tools to provide assurance on financial, compliance, strategic and operational data within a company. Continuous auditing uses a set of tools to assure the internal control system is functioning to… …   Wikipedia

  • United States Commission on Civil Rights — The U.S. Commission on Civil Rights is historically a bipartisan, independent commission of the U.S. federal government charged with the responsibility for investigating, reporting on, and making recommendations concerning civil rights issues… …   Wikipedia

  • Control (management) — Controlling is one of the managerial functions like planning, organizing, staffing and directing. It is an important function because it helps to check the errors and to take the corrective action so that deviation from standards are minimized… …   Wikipedia

  • Entity-Level Controls — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

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