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External Auditor

   Also found in: Wikipedia 0.01 sec.
External Auditor
An outside person who measures and reports on the state of a person's or business' finances. A common example of an external audit is an audit by the IRS, which is done to ensure that the person or business being audited has paid the appropriate amount in taxes. Often, companies hire external auditors to look at their financial states and to receive an objective assessment. See also: Internal audit, Audit.


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We have launched the process to find an external auditor for independent evaluation of sizes of all tariffs.
Present at the draw were AUB marketing analyst Ahmed Al Sharaf, Ernst & Young external auditor Rene Saadi, AUB internal auditor Kareema Al Shekar and Industry and Commerce Ministry representative Ammar AlMuqahwi.
For such companies, the guidance encourages companies to consider the overall tradeoffs in cost/benefit in balancing their own monitoring efforts with the efforts of their external auditors, to improve the overall efficiency and effectiveness of the companies' and their auditors' internal control-related efforts and assertions.
 
 
 
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