View example sentences, synonyms and word forms for Audit.

Audit

Audit meaning

A judicial examination. | An examination in general. | An independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures

Example sentences (20)

He applauded Mr. Domelevo for bold and courageous initiatives introduced -construction audit, procurement audit and payroll audit.

The documents are likely to spark fresh calls for the audit and non-audit operations of the big four audit firms to be split up.

A proponent of the use of smart technologies to deliver smart audits, Tomazin experimented with, and scaled, new approaches to the audit process, including building automation into the audit process and the smart use of data.

Enright says that any failings by Nakatani are shared by the various boards he served, which were also lambasted in the state audit, while many of Nakatani’s colleagues believe he was unfairly criticized in the audit.

He admitted, however, that the audit report has been delayed but indicated that the local consortium was building its capacity to effectively conduct the audit.

In the meantime, a separate audit conducted by VHE Consulting for the ‘Cost Recovery Audit and Validation of the Government of Guyana’s Profit Oil Share’ between the years 2018 to 2020 is still ongoing.

Key audit matters are those matters that, in our professional judgement, were of most significance in the audit of the separate financial statements of the current year.

Meanwhile, Alexkor is likely to complete its audit later this financial year, where the outcome is likely to be a qualified audit.

The increase in revenue comprises strong growth across all regions and services, both audit and non-audit (full details below).

The main internal audit report has remained private but the summary which was publicly reported to the audit and governance committee is damning.

When the audit will begin remains unclear, as the Office of Higher Education plans to meet with CLA to determine what records it will audit first, according to a spokesperson from the Office of Higher Education.

Whether, and if not, why not, the internal audit function in RTÉ, the audit and risk committee of the board of RTÉ, and RTÉ’s external auditor examined or queried the barter account in 2017-2022.

CA Vohra said that this year a new audit trail has been started, adding a new chapter in company audit.

However, since SOCU is part of the Police Force, it would have been more appropriate for the Audit Office to undertake a forensic audit of the matter.

However, the Audit Office reports that some public authorities under audit, including the police in some cases, do not provide relevant information following the legal advice of the AG.

Njodi explained that a forensic audit of financial activities at the bank and the audit report of the Central Bank of Nigeria (CBN) had triggered the decision.

On the matter of the audit office, the government said they will establish an “audit board”, which will be composed of the auditor-general, the deputy auditor-general, and three other people.

The justice ministry needs to develop a reliable internal audit system for receipts and payments, the Audit Office said in a report released Tuesday.

What we need to do in the party and I have discussed it with the leadership is that we must now appoint a reputable audit firm to audit and be able to deal with the account of the party.

And you’ll see that as soon as my tax returns – it’s under audit, they’ve been under audit for a long time,” he said after the story was published.