3 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
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Auditing
hardware
Accounting; Auditing
A computer and associated physical equipment involved in data processing or communications functions as opposed to software (the computer programs that provide instructions the computer follows).
hardware control
Accounting; Auditing
Computer controls built into physical equipment by the manufacturer.
hash total
Accounting; Auditing
A control total that has no meaning in itself except for control, e.g., total social security numbers of employees paid.
hedges
Accounting; Auditing
protect an entity against the risk of adverse price or interest-rate movements on its assets, liabilities, or anticipated transactions. A hedge avoids or reduces risk by counterbalancing losses with ...
immaterial
Accounting; Auditing
Of no importance. Something in financial statements that will not change decisions of investors.
implied control performance
Accounting; Auditing
implied control performance, deals with expected changes/alterations to data.
