MLchartDataset catalogue

Audit

Term · Law · MLC-T-LAW-000624

A systematic examination of financial records, accounts, or other operational processes to verify their accuracy and compliance with established standards, laws, or regulations. This independent review provides assurance regarding the reliability of information or the effectiveness of controls. Financial audits are typically conducted by certified public accountants.

Table 1. Record
IdentifierMLC-T-LAW-000624
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000624",
  "term": "Audit",
  "field": "Law",
  "definition": "A systematic examination of financial records, accounts, or other operational processes to verify their accuracy and compliance with established standards, laws, or regulations. This independent review provides assurance regarding the reliability of information or the effectiveness of controls. Financial audits are typically conducted by certified public accountants.",
  "url": "https://mlchart.com/terminology/law/audit/"
}

Record 413 of 5,441 in Law terminology (MLC-0107). Request the full dataset.