Audit (other)
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Audit (other)
An audit is an independent evaluation of an organization, process, project, product or system. Audit, auditor or auditing may also refer to: Types of audit *Academic audit, the completion of a course of study for which no assessment is completed or grade awarded *Conformity assessment audit (ISO, HACCP, JCAHCO) *Environmental audit *Energy audit *First Amendment audits, social movement involving photographing or filming from a public space *Financial audit, the examination by an independent third party of the financial statements of a company *Clinical audit, a process of the United Kingdom's National Health Service *Internal audit *Performance audit, an examination of a program, function, operation or the management systems and procedures of a governmental or non-profit entity *Quality audit, a systematic, independent examination of a quality system *Helpdesk and incident reporting auditing Computing *Audit (telecommunication) - multiple meanings *audit trail *Information techn ...
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Audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholder (corporate), stakeholders that the subject matter is free from Materiality (auditing) , material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effecti ...
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