Meaning of the word "audit report" in English

What does "audit report" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

audit report

US /ˈɔːdɪt rɪˌpɔːrt/
UK /ˈɔːdɪt rɪˌpɔːrt/
"audit report" picture

Noun

1.

a formal, independent examination of an organization's financial accounts or other operations, typically presented in a written document

Example:
The company received a clean audit report for the last fiscal year.
The external auditors will present their audit report next month.
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