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Independent Audit
(redirected from External Audit)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

A systematic review of the accuracy and truthfulness of the accounting records of a particular individual, business, or organization by a person or firm skilled in the necessary accounting methods and not related in any way to the person or firm undergoing the audit.



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In order to ensure effective and transparent activities and oversight, the Development Fund plans to announce a tender for external audit.
It will also facilitate the testing of internal and external audit controls and serve as a portal for executive review.
Mechanisms of Governance Relevant to Financial Reporting is the subject of the third volume, which focuses on four mechanisms of governance in particular: audit committees, internal audit, risk management, and external audit.
 
 
 
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