Audit vs. Investigation

Auditnoun

A judicial examination.

Auditnoun

An examination in general.

Auditnoun

An independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures

Auditnoun

The result of such an examination, or an account as adjusted by auditors; final account.

Auditnoun

(Scientology) Spiritual counseling, which forms the core of Dianetics.

Auditnoun

(obsolete) A general receptacle or receiver.

Auditnoun

(obsolete) An audience; a hearing.

Auditverb

To examine and adjust (e.g. an account).

Auditverb

To conduct an independent review and examination of system records and activities in order to test the adequacy and effectiveness of data security and data integrity procedures, to ensure compliance with established policy and operational procedures, and to recommend any necessary changes

Auditverb

(Scientology) To counsel spiritually.

Auditverb

To attend an academic class on a not-for-academic-credit basis.

Auditnoun

An audience; a hearing.

Auditnoun

An examination in general; a judicial examination.

Auditnoun

The result of such an examination, or an account as adjusted by auditors; final account.

Auditnoun

A general receptacle or receiver.

Auditverb

To examine and adjust, as an account or accounts; as, to audit the accounts of a treasure, or of parties who have a suit depending in court.

Auditverb

To settle or adjust an account.

Auditnoun

an inspection of the accounting procedures and records by a trained accountant or CPA

Auditnoun

a methodical examination or review of a condition or situation;

Auditverb

of accounts and tax returns; with the intent to verify

Auditverb

attend academic courses without getting credit

Audit

An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, and evaluate the propositions in their auditing report.Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement.

Investigationnoun

The act of investigating; the process of inquiring into or following up; research, especially patient or thorough inquiry or examination

Investigationnoun

The act of investigating; the process of inquiring into or following up; research; study; inquiry, esp. patient or thorough inquiry or examination; as, the investigations of the philosopher and the mathematician; the investigations of the judge, the moralist.

Investigationnoun

an inquiry into unfamiliar or questionable activities;

Investigationnoun

the work of inquiring into something thoroughly and systematically

Investigationnoun

the action of investigating something or someone; formal or systematic examination or research

Investigationnoun

a formal inquiry or systematic study