I. noun
COLLOCATIONS FROM OTHER ENTRIES
audit trail
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The lack of a physical audit trail in electronic commerce increases the possibilities for tax avoidance.
green audit
social audit
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a social audit of Ben & Jerry’s Ice Cream
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
annual
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The annual audit , due in April, would have uncovered the swindle.
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All local authority auditors are expected to review aspects of value for money as part of their annual audit programme.
environmental
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Caird is sending shareholders an external environmental audit which it commissioned from consultants Mott MacDonald.
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We will encourage environmental audits for companies, showing the environmental impact of their activities.
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A suitable compromise is for completion to be conditional on the results of an environmental audit .
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Shindler will carry out an environmental compliance audit , to establish how well a company is complying with existing legislation.
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Enviroscope specialises in scoping environmental impact assessments and environmental audits and assisting companies with environmental communications and policy.
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These are landlord's consent, survey and environmental audit .
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As a consultant specialising in environmental impact assessments and environmental audits I feel that this criticism is rather unfair.
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Business will be encouraged to have environmental audits .
external
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Caird is sending shareholders an external environmental audit which it commissioned from consultants Mott MacDonald.
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This is known as an external audit .
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A thinly-veiled threat of an academic Government inspectorate resulted in more open, external audit of performance in teaching and research.
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He resigned as chairman after an external audit criticised the way Lauda Air handled foreign currency transactions.
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For external audits identify some one within your firm who can act as a contact point and be present throughout the audit.
financial
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Indeed, the definition of a financial audit explicitly includes examination of systems of internal control whereas the commercial audit does not.
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Traditionally, governmental audit has been concerned with the financial and regularity audit.
full
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This makes a change from the 1989/90 accounts which contained a full page of audit qualifications.
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The firm provides a full range of audit , accounting, taxation and consulting services.
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For auditors, 1992 will no doubt be remembered, at least inpart, for the first full year of audit regulation.
independent
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Almost as many thought that an independent audit committee should be legally required.
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At that meeting on July 10, the board was stunned by an independent audit of four years of crime statistics.
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One is the role of the independent audit .
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The best reasons are the objectivity and credibility of an independent audit .
internal
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The internal audit function reports to the Audit Committee.
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The banks have conducted two internal audits and come up with about $ 30 million in dormant accounts.
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In this respect it could feature as an aspect of the internal audit of a company.
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It recently showed poor results on two internal safety audits .
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The Guidance concentrates on the organizational status of internal audit and the objectivity of internal auditors in achieving the requisite independence.
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These periodic internal audits can be a source of revitalization and renewal.
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This is known as an internal audit .
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The allegations were confirmed in an internal university audit dated May 1996, according to a Wall Street Journal story last year.
medical
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The project is working to identify all the terms required for recording medical records and for other uses, such as medical audit .
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Primary care contracts will be monitored by the purchasing authority and could include medical audit and reaccreditation in the future.
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Doctors should insist on suitable procedures for medical audit as a precondition for collaboration.
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This would enable a tough general manager to ensure that medical audit did not become simply a talk shop or token activity.
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However medical audit should be seen as part of a total approach to quality even if in reality it is often separated out.
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The second is the development of medical audit , which encourages practitioners critically to examine current practice.
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Increasingly we are subject to medical audit .
statutory
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The statutory audit of the Health Authorities is now under the Audit Commission's responsibilities.
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Before the 1983 Act, it had been suggested that these statutory audits were supplemented by economy, efficiency and effectiveness audits.
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This view of the statutory audit has other important consequences.
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And, in practice, the external auditor will take account of this in carrying out the statutory audit .
■ NOUN
client
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It is interesting to note that there are 94 firms with only one listed audit client .
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She says she has not lost a single client and has already won several new audit clients.
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Deloitte has an impressive list of audit clients although its management consultancy practice is only half the size of Coopers.
committee
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Radical action Many companies already identify audit committee members in the annual reports.
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Mr Marinkovich assumes his seat on the Board effective immediately, and will serve as chairman of the audit committee .
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A small audit committee was elected and the appointments of Vial as Professor and Huntingford as secretary were formally confirmed.
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Almost as many thought that an independent audit committee should be legally required.
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The precise authority and structure of an audit committee will vary depending on the company's circumstances.
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Nevertheless, there are a number of attributes that, in my view, are essential for a truly effective audit committee .
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The audit committee should be formally established as a sub-committee accountable to the board, and the board should appoint its members.
company
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But it also has long supported the idea that the small company audit should go.
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Meanwhile, a company audit confirmed his original suspicions.
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The working party have taken the view that the small company audit is unnecessary and have virtually accused us of being parasites.
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Opinion against retaining the small company audit has hardened.
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Relaxation of the small company audit requirement has been Institute policy since the debate resumed in 1985.
fee
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From this perspective, 1993 looks likely to be another year of substantial audit fee cuts.
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Grace paid Price Waterhouse $ 7. 2 million in consulting and audit fees last year.
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Or consider the meeting to agree the audit fee , when the auditor can hardly wait to get his point across.
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Price Waterhouse, it seems, was not just investing in the Prudential by dropping the audit fee by 14%.
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None of the companies was reluctant to talk: cutting the audit fee is a popular subject.
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Indeed, 29 of the companies paid unchanged audit fees .
firm
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An additional 115 audit firms active in this market were identified.
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Lawyers are extorting money from audit firms on the principle that auditors are economically rational and settlements are cheaper than defences.
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This combined number of fewer than 300 audit firms represents less than 3% of the total number registered.
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There is a high cost in time and money for audit firms in competing in a change in auditors.
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This brings the number of companies and audit firms down to 2,076 and 164 respectively.
partner
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The profession should draw up guidelines on rotating audit partners . 1.
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A better solution may well be to pick up the idea of rotating the audit partner every five to 10 years.
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In fact, the longest continuing presence is often the audit partner .
procedure
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The system's audit procedure also allows identification and control of problem areas in the design and communication process.
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But the new regime has encouraged many firms to review their audit procedures and make changes and improvements where necessary.
process
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Hence the audit process was entirely medically controlled, participation was voluntary, standards set locally and the results kept absolutely confidential.
quality
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The Celomer factory in Gonfreville has been approved by Deutsche Airbus after top executives carried out a quality audit .
regulation
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Take audit regulation as an example.
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We are determined to make a success of audit regulation .
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Smaller practitioners are fed up to the back teeth with all forms of regulation , and audit regulation in particular.
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Of course, it is not just audit regulation that has been under scrutiny in 1992.
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For auditors, 1992 will no doubt be remembered, at least inpart, for the first full year of audit regulation .
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It is clear that firms are taking the regulatory regime seriously; nearly all have taken steps to comply with audit regulations .
report
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Historically there has been too much reliance on ex post financial accountability in the form of audit reports and adhoc investigations.
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The audit report was also critical of the amount of funds allocated to staff support of citizen participation activities.
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In addition to the statutory requirements, the form and content of an audit report is governed by requirements laid down in auditing standards.
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The audit report has not been completed and under state law is confidential until then.
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The different categories of audit report are seed in Table 3.1.
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A qualified audit report , as opposed to an unqualified report, should leave the reader in no doubt as to its meaning and implications.
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Criticism of the audit report proposals is less severe, but still material.
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If I ever had to qualify an audit report , I'd run it past Claire first.
trail
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It will include hierarchical cell and audit trail services and provide provisional Open Systems Interconnection specifications.
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What audit trail provisions are available for access or changes to the text?
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The creation of an inventory and an audit trail addresses various problems, both of theory and practice.
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Each sub-system of the model was given a decimal code so that an audit trail could be established for the subsequent detailed analysis.
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X435 contains information such as interchange control numbers and Electronic Data Interchange document content types - helping improve security and audit trail capabilities.
work
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Key messages include the need to plan audits adequately, to record audit work performed and to maintain adequate quality assurance procedures.
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As might be expected from the above, the most extensive changes to be made were in procedures for recording audit work .
■ VERB
carry
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Some companies use environmental consultants to carry out their audits , while others use in-house staff.
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The manager prompts the subordinate to carry out a personal audit .
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Several schools mentioned that they were presently involved in carrying out an audit of health education to monitor provision and delivery.
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Choose one of the history units and carry out a detailed audit of the possibilities for cross-curricular links.
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You can not carry out half an audit .
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And, in practice, the external auditor will take account of this in carrying out the statutory audit .
conduct
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The banks have conducted two internal audits and come up with about $ 30 million in dormant accounts.
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This does not mean that they conduct their audits negligently or sacrifice their independence by condoning accounting treatments that are demonstrably wrong.
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To conduct a successful crime audit you will need to: Assign clear responsibility and provide appropriate resources.
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Sebastian Clarke arrived to conduct the audit himself.
include
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It will include hierarchical cell and audit trail services and provide provisional Open Systems Interconnection specifications.
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Primary care contracts will be monitored by the purchasing authority and could include medical audit and reaccreditation in the future.
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Other oversight bodies would include Select Committees and audit agencies.
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Issues considered include conducting supplier audits and launching greener products.
perform
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They used voluntary organizations to operate recycling programs, to perform energy audits , and even to manage a park.
provide
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Some market research companies specialize in providing audits of the trends in sales of particular product types across all manufacturers.
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Good software will provide facilities for automatic audit trails to be kept.
undertake
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We have undertaken the type of audit Coulter and colleagues suggest, using a small cohort of patients from Northwick Park Hospital.
EXAMPLES FROM CORPUS
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Administrative audits involve chefs, cooks, bakers, and other kitchen personnel.
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An audit of unplanned pregnancies seen in one practice also emphasised the need for great care in counselling people using the pill.
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But the audit rate for poor taxpayers earning under $ 25, 000 rose in 1995, to 1. 04 percent.
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In addition to the statutory requirements, the form and content of an audit report is governed by requirements laid down in auditing standards.
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Increasingly we are subject to medical audit .
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Our independent non-executive directors have a particularly valuable role especially in relation to audit and remuneration matters.
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This brings the number of companies and audit firms down to 2,076 and 164 respectively.
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This is not to say that a three E's audit is never undertaken in nationalized industries.
II. verb
COLLOCATIONS FROM CORPUS
■ NOUN
account
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Accountants Marks Bloom had audited the accounts and had issued an unqualified opinion on them.
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Further uniformity was assured by a single system for auditing the numerous accounts rendered each year by the different financial agencies.
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In so far as this summary financial statement summarises the information in the annual accounts , those accounts have been audited .
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In 1284 Edward I appointed him to a commission sent to Ireland to audit accounts there.
company
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The sole practitioners audited three companies with a full listing, and one company quoted on the Unlisted Securities Market.
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Our study identified 167 firms auditing this population of companies in 1992.
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Moores Rowland, which audited 28 companies , was the best buy.
statement
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For instance, Work Recovery has yet to file its audited financial statements for the fiscal year ended June 30, 1995.
EXAMPLES FROM OTHER ENTRIES
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The fund is audited annually by an accountant.
EXAMPLES FROM CORPUS
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Process and outcome criteria are standards against which to audit standards of practice.
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So he does his own audit before the company audits him.
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The C. and A. G. is given the responsibility for auditing all appropriation accounts by the 1921 Act.
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The Labor Department audited 10, 631 job orders that were related to H-1B applications.