audit cycle


Also found in: Financial.

audit cycle

The periodic performance of clinical audits after identifying appropriate topics, setting standards, measuring current practice against these standards, assessing recommendations, and implementing change. The cycle is often repeated to ensure change has indeed occurred and improvement is maintained.
References in periodicals archive ?
If the taxpayer does not implement measures to address the audit issues, the jurisdiction may not waive penalties in future audit cycles.
The agency reorganization plan includes violence reduction initiatives, three-tier prison system implementation, classification policy revisions and other new measures that are all enhanced and assisted through the 2012 internal management audit cycle.
After all, it's pretty common for the IRS to start up a new audit cycle several years after the close of a particular tax year.
Remifentanil patient-controlled analgesia for labour: a complete audit cycle.
An introduction explains the basics of the audit cycle, reviews best practices for audits, and shows how audits can benefit doctors, then overviews the requirements of appointments panels and revalidation, and outlines 11 steps of an audit project.
With ACL's unmatched capacity and speed, auditors can shorten the audit cycle with more thorough investigation for frauds and irregularities.
Instead, we hypothesize that the number of audit findings differs over the course of the audit cycle.
Prior to starting the current audit cycle, members found the 2003 DVD helpful.
With expanding financial and market risk, internal audit is subjected to enhanced expectations from audit committees and face growing pressure to reduce audit cycle times and costly audit processes.
He also called for a formal audit cycle requiring that each housing company be audited at least once every cycle.
The internal audit process can be divided into several phases: planning of the internal audit cycle, planning and preparation of an individual internal audit, implementation and reporting after an individual internal audit, checking any incongruence and collective reporting about the internal audit cycle.

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