external audit

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Related to financial audit: operational audit

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.
References in periodicals archive ?
The accusations that have been made during the meeting were baseless and we met with the Financial Audit Bureau, which originally checked our books, and they found no foul play after I asked for an urgent internal audit," he said yesterday.
The senator the requested COA to expedite the performance and financial audit of the following housing agencies:
The current study has extended past research by elucidating the obstacles to the professionalization of public sector auditors, the contribution of IS audit toward the objectives of the financial audit, the importance of understanding public sector auditing and its role in preventing and uncovering fraud and corruption, and the cooperation between public and private sector auditors,
As a school leaver, your first allocation will either be in our finance team - where you will have the opportunity to develop all-round financial skills and business awareness by getting involved in tasks such as accounts payable and receivable, the preparation of monthly management information and assisting in preparing the NAO''s statutory accounts - or in one of our financial audit teams, where you will be involved in scrutinising the accounts of government departments and other public sector bodies.
It highlights an advantage given by a lower price than in case of the financial audit which justifies itself in that it provides a simple overview of some aspects of the financial statements.
This article describes some key elements of an intelligent financial audit implementation strategy and associated efficiencies related to this implementation.
Where the Diwan presented a working paper about the bases and horizons of cooperation between INTOSAI and the international organizations in the aforementioned meeting concerning the governmental financial audit report through the capabilities and the liberation of the supreme audit institutions.
The participants representing financial audits from various countries and north-south and south-south partnerships were to discuss cooperation and exchange of expertise between concerned nations.
The KPMG team consisted of experienced financial audit partners and managers with extensive government financial auditing experience.
In response to the president's direction to obtain a clean audit opinion and thereby "get to green" on the performance scorecard, the secretary of defense immediately established the Financial Management Modernization Program (FMMP) and directed the under secretary of defense (comptroller) and the assistant secretary of defense (network information infrastructure) to work together to get a clean financial audit opinion as quickly as possible.
Unlike a financial audit, a marketing audit isn't a final event.
Q: Must an association obtain an annual financial audit report?

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