Meaning of the word "external audit" in English
What does "external audit" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
external audit
US /ɪkˌstɜːr.nəl ˈɑː.dɪt/
UK /ɪkˌstɜːr.nəl ˈɑː.dɪt/
Noun
1.
an independent examination of the financial statements of an organization to determine whether they are presented fairly and in accordance with accounting standards
Example:
•
The company undergoes an external audit annually to ensure financial transparency.
•
An external audit provides an unbiased opinion on the financial health of an organization.
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