The UK's biggest companies are paying accountants more and more for non-audit work.
Financial and business terms. 2012.
audit — detailed checking of the financial records of a business by an independent qualified person ( auditor) in order to verify their correctness or to detect errors or fraud. Glossary of Business Terms An examination of a company s accounting records… … Financial and business terms
audit fee — auditors remuneration The amount payable to an auditor for an audit; this has to be approved at the annual general meeting of a company. In the financial statements, audit fees must be distinguished from fees payable to the auditor for non audit… … Accounting dictionary
audit fee — auditors remuneration The amount payable to an auditor for an audit; this has to be approved at the annual general meeting of a company. In the financial statements, audit fees must be distinguished from fees payable to the auditor for non audit… … Big dictionary of business and management
Audit (disambiguation) — Audit may refer to:*Audit an evaluation of an organization, system, process, project or product * Auditor of a Student Society, especially in Ireland, having a similar etymology. *Academic audit the completion of a course of study for which no… … Wikipedia
Audit Comptable Et Financier — L audit comptable et financier est un examen des états financiers de l entreprise, visant à vérifier leur sincérité, leur régularité, leur conformité et leur aptitude à refléter l image fidèle de l entreprise. Cet examen est effectué par un… … Wikipédia en Français
Audit Informatique — L audit informatique (appelé aussi audit des systèmes d information) est l évaluation du niveau de contrôle des risques associés aux activités informatiques. L objectif apparent est d améliorer la maîtrise des systèmes d information d une entité … Wikipédia en Français
Audit risk — (also referred to as residual risk) refers to acceptable audit risk, i.e. it indicates the auditor s willingness to accept that the financial statements may be materially misstated after the audit is completed and an unqualified (clean) opinion… … Wikipedia
Non-revenue water — (NRW) is water that has been produced and is “lost” before it reaches the customer. Losses can be real losses (through leaks, sometimes also referred to as physical losses) or apparent losses (for example through theft or metering inaccuracies).… … Wikipedia
audit committee — n: a corporate committee made up of usu. outside directors who review audits and evaluations of the corporation and its officers Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. audit committee … Law dictionary
Audit committee — In a publicly held company, an audit committee is an operating committee of the Board of Directors, typically charged with oversight of financial reporting and disclosure. Committee members are drawn from members of the Company s board of… … Wikipedia
