Definition of a Balance Sheet Approach to an Audit. An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in ...

Definition of Fiscal Audit. Businesses conduct several different audits throughout the year. Audits verify that inventory counts match computer records, expenses are within the allocated amounts ...

What does audit software actually mean? Find out inside PCMag's comprehensive tech and computer-related encyclopedia.

How to defend yourself during the tax audit process If you've been selected for an audit, the IRS will inform you in writing first. After the first written notification, you might also receive a ...

During an IRS audit, your accounts and financial information will be reviewed and examined to ensure information -- income, expenses and credits -- is reported correctly and follows tax laws.

Internal Audit will serve as one point of contact for the receipt of reports regarding suspected violations of laws, misuse of university resources, fraud, waste, abuse, etc., and cooperate with other ...

An audit trail can include any activity whatsoever, but transactions that do not effect a change are often not recorded. For example, ad hoc searches and database lookups may not be identified in ...