5 Terms
Home > Industry/Domain > Accounting > Auditing
Auditing
The systematic review and examination of an individual's or organization’s accounting records to verify their accuracy.
Industry: Accounting
Add a new termContributors in Auditing
Auditing
Generally Accepted Accounting Principles (GAAP)
Accounting; Auditing
According to Rule 203 of the AICPA Code of Professional Conduct, GAAP for nongovernment entities include (in a conflict the source earlier in the list prevails): 1. FASB Statements and ...
Generally Accepted Auditing Standards (GAAS)
Accounting; Auditing
The ten auditing standards adopted by the membership of the AICPA. Auditing standards differ from audit procedures in that "procedures" relate to acts to be performed, whereas "standards" deal with ...
GASB or Government Accounting Standards Board
Accounting; Auditing
A nongovernment private organization that sets GAAP in the United States for governmental entities.
Government Auditing Standards
Accounting; Auditing
A book issued by the comptroller general of the United States, sometimes called the "yellow book." Government Auditing Standards contains standards for audits of government organizations, programs, ...
Image-processing systems
Accounting; Auditing
scan documents into electronic images for storage. Reference and source documents may not be retained after conversion.
Sarbanes-Oxley Act of 2002
Accounting; Auditing
established the Public Company Accounting Oversight Board and added requirements for publicly traded companies, their officers, boards and auditors. It increased penalties for corporate financial ...
Statements on Auditing Standards (SAS)
Accounting; Auditing
Interpretations of U.S. generally accepted auditing standards.
