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Accounting > Audit

The following information is about Audit.

Audit Defined

is the inspection of the accounting records and procedures of a businessgovernment unitor other reporting entity by a trained accountant for the purpose of verifying the accuracy and completeness of the records. It could be conducted by a member of the organization (internal audit) or by an outsider (independent audit). A CPA audit determines the overall validity of financial statements. A tax audit (IRS in the U.S.) determines whether the appropriate tax was paid. An internal audit generally determines whether the company’s procedures are followed and whether embezzlement or other illegal activity occurred.

This definition is in context to Accounting. See more contextual defintions for Audit.


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Off-site Audit Links, User Submitted

The following links have been collected through user bookmark submission in the Audit category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Audit. If you would like to find related tags we recommend Tag Patterns > Audit

Off-site Audit Research Links

If you still need additional information on Audit then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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