external audit

(redirected from External Audits)
Also found in: Financial.

ex·ter·nal au·dit

(eks-tĕr'năl aw'dit)
A verification of health care records by someone outside the organization to be sure that the health care facility is maintaining professional standards.
Medical Dictionary for the Health Professions and Nursing © Farlex 2012
References in periodicals archive ?
According to Reuters, the nation has made it obligatory for Islamic banks to subject their business to independent, external audits. The move is to ensure that banks are following sharia principles in their business.
High economic development in the country results in advanced infrastructure that assists both listed companies and the audit firms to perform external audits effectively and efficiently.
But the cause of the discrepancy - and any role the city's elected officials may have had its creation - will not be clear until the completion of the external audits. The city's internal audit may help shed some light, but some voters are unlikely to trust its findings unless they are confirmed by an external review.
External audits are designed to provide peace-of-mind to key company stakeholders not involved in the company's day-to-day operation.
The Irish certification demonstrates that Dell has continual process improvement programs around its product recovery operations in place and that these practices are investigated by external audits, according to a Dell news release.
Customizing reports with Entegra for internal and external audits is simplified because the Entegra Report Server is based on Crystal Enterprise[TM], which is shipped with Entegra for Oracle to support reporting.
Documenting changes also provides a trail for auditors to test compliance with the company's policies and procedures in internal and external audits.
However, to meet the 2005 audit requirement, it may be able to substitute annual internal audit reviews for external audits.
The results provide support for internal audit outsourcing if there is a requirement that CPA firm engagement teams providing internal and external audits remain distinctly separated.
The September 1999 FFIEC Interagency Policy Statement on the External Audits of Banks with Less Than $500 Million in Total Assets.