FACTOID # 6: Michigan is ranked 22nd in land area, but since 41.27% of the state is composed of water, it jumps to 11th place in total area.
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Encyclopedia > Auditor

Audit can refer to:

  • Telecommunication audit
  • Financial audit
  • Performance audit
  • Completion of a course of study for which no assessment is completed or grade awarded; especially audit is awarded to those who have elected not to receive a letter grade for a course in which letter grades typically awarded. This technique is often employed by individuals who wish to take a specific course without the risk of under_performance resulting in a poor or failing grade; this can be helpful when reviewing a long_unstudied subject, when first beginning the study of a discipline wherein one has little experience or confidence, when taking a course merely for enjoyment with no need or desire of academic credit, et cetera. Auditing is generally an option at institutions of higher learning (colleges, universities) rather than grammar school (K_12).

  Results from FactBites:
European Court of Auditors - Wikipedia, the free encyclopedia (830 words)
The European Court of Auditors is one of five institutions of the European Union.
The Court of Auditors checks that all the Union's revenue has been received and all its expenditure incurred in a lawful and regular manner and that the EU budget has been managed soundly.
The Court was established on 22 July 1975 by the Budgetary Treaty of 1975.
Sequence Inc. - Why Didn't Our Auditors Find the Fraud? (1348 words)
Auditors utilize sampling techniques to test certain transactions during the performance of an audit or review, since it would be nearly impossible and too expensive to test every single transaction.
Auditors have some responsibility for the detection of both errors and frauds that are material, but this responsibility is not absolute.
The auditors must consider and identify the risk of fraud, and must continuously evaluate evidence throughout the audit to determine whether or not there are any fraud indicators.
  More results at FactBites »



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