limited audit


Also found in: Thesaurus, Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.limited audit - an audit of limited scope (limited in time span or confined to particular accounts etc.)
audit, audited account - an inspection of the accounting procedures and records by a trained accountant or CPA
Mentioned in ?
References in periodicals archive ?
The audit firm will also apply limited audit procedures to Management s Discussion and Analysis and required supplementary information etc.
During my limited audit experience with Military Interdepartmental Purchase Requests, we significantly benefited from the use of decision support systems to save time and reduce manual tasks to process growing universes of data elements, which are managed through attributes like data mining.
Cooke has been the chairman of the Bokoni Platinum Holdings (Pty) Limited audit committee for the past two years.
This likelihood of risk further increases due to the fact that the audit report is based on limited audit exercise.
Extensive foreign banking operations, especially where there is significant wire transfer activity or multiple branches of foreign banks, or limited audit authority over foreign-owned banks or institutions.
A limited audit can be a good gauge to give employers a certain level of comfort," Landau says.
To augment self-reporting, FERC officials told us that, in 2008, they are using an informal plan to reallocate their limited audit staff to audit the affiliate transactions of 3 of the 36 holding companies it regulates.
Obviously, if a taxpayer is successful in limiting audit scope, they likewise have limited audit exposure.
The costs that have been associated with maintaining county council homes appear to have a limited audit trail, lack a realistic time frame and may not need to be in the near future, eg boiler replacement, lift replacement.
Chick said she would refer the issue to the state's Joint Legislative Audit Committee rather than perform a more limited audit herself.

Full browser ?