Auditing

Auditing

The systematic review and examination of an individual's or organization’s accounting records to verify their accuracy.

Industry: Accounting

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Auditing

variance

Accounting; Auditing

A statistical measure of dispersion in a population. The variance is the square of the standard deviation. The standard deviation equals the square root of the arithmetic mean of the squares of ...

consulted

Accounting; Auditing

consulted, is sought advice or information, consultation/advising

vendors

Accounting; Auditing

provide goods or services to an audited entity. Also called suppliers.

consulting services

Accounting; Auditing

performed by CPAs include consultations, advisory services, implementation services, product services, transaction services, and staff and support services.

check register

Accounting; Auditing

A listing of checks issued, normally in numeric sequence and in order by date issued.

Users evaluate accounting information by comparison. Similar companies account for similar transactions in similar ways. Another goal is comparison of one company's information from one period to the ...