re-audit

re-audit

An audit of a procedure or process which asks the same basic questions as the original audit. A re-audit is meant to ensure that the issues raised in the original audit were addressed and the resulting improvement sustained over time.
References in periodicals archive ?
ClearOne intends to (i) complete the re-audit of ClearOne's consolidated financial statements for the year ended December 31, 2014 with its new auditors and file the new report of Independent Registered Public Accounting Firm relating to ClearOne's consolidated financial statements for the year ended December 31, 2014, (ii) complete the re-review of ClearOne's financial statements for the interim periods ended March 31, 2015 and June 30, 2015 with its new auditors, and (iii) file ClearOne's Form 10-Q for the period ended September 30, 2015 as soon as possible and before the plan has to be submitted to NASDAQ to regain compliance.
engaged to re-audit the accounts for the year ended 31 August
He emphasised that "to achieve security related objectives, the man-machine interface is crucial and the Navy would need to professionally re-audit, train and consolidate its preparedness to optimize the existing capabilities as well as harness the full potential of the transformational new capabilities being inducted.
Clinical audit is a continuous process; and once you have made changes, you should re-audit to see if they have effected the desired improvement--this is the 'audit cycle' (see Figure 1 above)
This should alleviate the concern that engagement quality review could turn into a re-audit," Goelzer says.
South African Airways Technical said in was "given an unqualified stamp of approval" by US FAA following a re-audit of its maintenance operations.
Japanese Agriculture Minister Shoichi Nakagawa said the ministry is waiting for answers from USDA to questions about a USDA report on a re-audit of U.
8m expense for professional fees associated with the 2004 re-audit of North American and the establishment of accounting procedures since the April 2005 acquisition of North American.
4, 2005, Fannie Mae announced that its audit committee had approved the engagement of Deloitte & Touche LLP as it independent auditor to perform an audit of 2004 and a re-audit of prior-period financial statements, which will be restated.
THE AUDIT COMMITTEE OF FANNIE MAE'S board of directors has engaged Deloitte & Touche LLP as its independent auditor to perform an audit of 2004 and a re-audit of prior period financial statements that will be restated.
There are also annual fees to maintain certification and a full-blown re-audit every five years.
i2 Technologies Inc yesterday announced results for the first and second quarters of this year and revealed the outcome of re-audit of its financials for 2000 and 2001.