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Glossary > A > "Audit" Definition

Audit

1. An unbiased examination and evaluation of the financial statements of an organization. It can be done internally (by employees of the organization) or externally (by an outside firm).

The official examination of a company"s accounts by a qualified accountant external to the company.

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Audit - 1. An unbiased examination and evaluation of the financial statements of an organization. It can be done internally (by employees of the organization) or externally (by an outside firm).

The official examination of a company"s accounts by a qualified accountant external to the company.

Audit : 1. an unbiased examination and evaluation of the financial statements of an organization. it can be done internally (by employees of the organization) or externally (by an outside firm).

the official examination of a company"s accounts by a qualified accountant external to the company.