detailed audit

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Detailed Audit

The process of reviewing activities to identify inefficiencies, to reduce costs, and otherwise to achieve organizational objectives in a more complete way than other audits. Detailed audits may investigate potential theft or fraud and ensure compliance with applicable regulations and policies. They also help ensure the accuracy and legality of reports, as well as whether they conform to the Generally Accepted Accounting Principles .

detailed audit

A thorough and complete examination of all or a selected portion of an organization's books. In a detailed audit, as opposed to a normal audit, systems of internal control, the details of all the transactions, books of account, subsidiary records, and supporting documentation may be examined for accuracy, use of generally accepted accounting principles, total accountability, and legality.
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She intends to refer the matter to the state's Joint Legislative Audit Committee, which has the power to conduct detailed audits of city agencies.
Under the agreement with Virginia Power, students in the IEC program will assist company personnel in conducting detailed audits of industrial customers' facilities.
And congressmen and their staff members should have known about the existence and availability of those detailed audits, since brief descriptions of them are required by law to be listed in the summaries.
Policy enforcement with CyberGatekeeper is like having the security group perform continuous, detailed audits of every desktop before allowing it to access the network," said Stacey Lum, chief executive officer of InfoExpress.