Examples of 'key audit' in a sentence

Meaning of "key audit"

The term 'key audit' refers to an important or crucial examination of financial records, processes, and controls within an organization. It involves systematically reviewing and assessing various aspects of an organization's financial management to ensure compliance with regulations, identify potential risks or irregularities, and provide recommendations for improvement

How to use "key audit" in a sentence

Basic
Advanced
key audit
Other key audit results are discussed below.
Auditors will be required to communicate key audit matters.
The key audit results are summarized below.
What are the key audit matters.
The key audit results were as follows.
The report set out a number of key audit results.
Key audit findings by administrative sector.
This will be followed by management responses to the key audit risks identified.
Managing key audit priorities at the office and headquarters levels.
Efforts are also being made to introduce refresher training courses in key audit areas.
As key audit matter the following area of focus has been identified.
We have conducted the following key audit procedures in respect of the budgeting process.
Three terms of seven years would be symmetrical with key audit partner rotation.
The key audit and review matters are not a comprehensive reflection of all matters discussed.
The accurate and complete processing of these transactions is a key audit matter in our control.

See also

The key audit entity contacts and their responsibilities with respect to the audit.
Requirements to communicate key audit matters are coming in Canada.
Key audit matters How our audit addressed the key audit matters.
We have communicated the key audit and review matters to the Supervisory Board.
Key audit matter How our audit addressed the key audit matter.
Management strategy for addressing key audit issues raised by the United Nations Board of Auditors.
Key audit matters Main specific procedures.
O adequacy of follow-up action on key audit findings.
Each section deals with a key audit finding and the roles of a separate accountability centre.
Breaches by statutory auditors, audit firms or key audit partners.
Key audit matters VII.
Baseline scenario, only key audit partner rotates.
As key audit areas, we determined the following.
The following issues comprise the key audit findings,.
The key audit recommendations are as follows,.
However, project managers are expected to document key audit decisions.
Rotation of key audit partner in cases of public-interest entities.
Given the estimation uncertainty, we considered this to be a key audit matter.
Key audit matters are those matters that, in our professional.
The audit framework is based on the following key audit objectives,.
Therefore, the key audit matter appears in the valuation of these derivatives.
In this context, we considered the measurement of reinsurance premiums as a key audit matter.
Key audit matters are selected from matters communicated with those charged with governance . ".
In this context, we considered the measurement of technical reserves as a key audit matter.
Findings Key audit findings include the following,.
Consequently, we considered the recognition of clinical subcontracting costs to be a key audit matter.
O Identify and validate key audit and program-related issues with departmental stakeholders ;.
Justification of our assessments - Key audit matters.
Detailed information on the key audit matters included in the Independent Auditors ' Report.
Finally, in each of the chapters the Court presents a number of other key audit findings.
Headquarters and regional offices can access key audit statistics directly from OIA 's online database.
The key audit partner ( s ) shall be actively involved in the carrying-out of the statutory audit.
Adds an option to communicate key audit matters ( KAMs ).
Response to key audit committee observations 37 3.
Top 15 management priorities to address key audit risks in UNDP.

You'll also be interested in:

Examples of using Audit
Actual audit costs compared to available resources
There is a certification audit conducted every year
I do an audit of every supplier every three months
Show more
Examples of using Key
Activate the keypad using the key
The key developments may be summarized as follows
Stability is another key element in quality of life
Show more

Search by letter in the English dictionary