Auditing Glossary
Examination: the act of looking at or considering something carefully in
order to discover something
Evaluate: to judge or calculate the quality, importance, amount, or
value of something
Comply with: to obey guidelines or regulations
Recommend: to suggest that someone or something would be good or
suitable for a particular job or purpose, or to suggest that a particular
action should be done
Submit: to give or offer something for a decision to be made by others
Stock take: an assessment and record of the amount of stock held by a
business
Account books: the records of money that a business or organization has
spent and received
Consulting: giving advice on a particular subject
Qualified report: This is a kind of report that states that a company's
financial records are fairly presented aside from certain area/s. It means
that most things related to audit have been dealt with except for a few
matters at hand.
Management letter: a letter, written by the auditor to the management
of a licensee, reporting the auditor's findings and suggestions resulting
from an independent audit.
Irregularities: any breach of Union law, or of national law relating to its
application
Audit report: a formal document that states an auditor's judgment of a
company's accounts
https://idioms.thefreedictionary.com/comply+with
https://dictionary.cambridge.org/
https://languages.oup.com/google-dictionary-en
https://farahatco.com/blog/difference-qualified-unqualified-audit-report/
https://www.lawinsider.com/
Examination: the act of looking at or considering something carefully in
order to discover something
Evaluate: to judge or calculate the quality, importance, amount, or
value of something
Comply with: to obey guidelines or regulations
Recommend: to suggest that someone or something would be good or
suitable for a particular job or purpose, or to suggest that a particular
action should be done
Submit: to give or offer something for a decision to be made by others
Stock take: an assessment and record of the amount of stock held by a
business
Account books: the records of money that a business or organization has
spent and received
Consulting: giving advice on a particular subject
Qualified report: This is a kind of report that states that a company's
financial records are fairly presented aside from certain area/s. It means
that most things related to audit have been dealt with except for a few
matters at hand.
Management letter: a letter, written by the auditor to the management
of a licensee, reporting the auditor's findings and suggestions resulting
from an independent audit.
Irregularities: any breach of Union law, or of national law relating to its
application
Audit report: a formal document that states an auditor's judgment of a
company's accounts
https://idioms.thefreedictionary.com/comply+with
https://dictionary.cambridge.org/
https://languages.oup.com/google-dictionary-en
https://farahatco.com/blog/difference-qualified-unqualified-audit-report/
https://www.lawinsider.com/
