Independent auditor


Also found in: Medical.

Independent auditor

A certified public accountant operating outside the company who can provide an accountant's opinion.

Independent Auditor

A CPA who reviews a company's business activities to identify and resolve discrepancies. Independent auditors may investigate potential theft or fraud and ensure compliance with applicable regulations and policies. Importantly, an independent auditor is not employed by the company he/she is investigating. An independent auditor must review a company and provide it with an accountant's letter when it releases financial statements to shareholders. The accountant's letter certifies that the financial statements have been reviewed and are accurate. See also: Internal auditor.
Mentioned in ?
References in periodicals archive ?
An independent auditor has no fiduciary relationship to any person or entity arising out of an audit engagement agreement.
Continuing the Discussion on the Meaning of 'Fiduciary'
According to the company, ASA, a leading independent auditor in India, will commence work immediately to audit the company's financial results for the fiscal year ended 31 March 2015.
Amira Nature Foods Ltd announces engagement of ASA & Associates LLP as independent auditors
Tenders are invited for Independent Auditor Of The Vermont Energy Efficiency Utility
Independent Auditor Of The Vermont Energy Efficiency Utility
The results of both the independent auditor and the internal auditor should be reported directly to the audit committee.
Ten best practices for audit committees: the public company audit committee now has an enhanced role and needs to revise some of its practices. Here are some key areas to focus on
Hart Union High School District will bring in an independent auditor.
HART'S BOARD CALLS FOR AUDITOR BUILDING COSTS FAR OVER BUDGET
Tokyo, Japan, July 3, 2006 - (JCN Newswire) - Sony Corporation would like to announce that the Audit Committee met today and passed a resolution appointing a temporary independent auditor in accordance with the Company Law Article 346-4 and 346-7, for Japanese law purposes.
Sony Announces Appointment of Temporary Independent Auditor
The independent audit committee provides oversight of the financial reporting process while the independent auditor provides an outside opinion on the fairness of the financial statements.
Financial reporting: recommendations from the Committee on the Future of California's Professional Accountants
ISRE 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, outlines the general principles of such a review, provides guidance on the inquiries, analytical and other review procedures the auditor performs and prescribes the review report's content.
The International Auditing and Assurance Standards Board (IAASB) of IFAC released an international standard on review engagements (ISRE; www.ifac.org/guidance) and two EDs of proposed international standards on auditing (ISA; www.ifac.org/eds)
KPMG has been PBG's independent auditor since PBG became a public company in 1999 and was invited to submit a proposal.
The Pepsi Bottling Group (PBG) has appointed a new independent auditor
The 2003 Form 5500 instructions state that delinquent participant contributions reported on Line 4a should be treated as part of the supplemental schedules for purposes of reporting on the plan's financial statements by the independent auditor, and the independent auditor would express an opinion on whether the scheduled information is presented fairly in all material respects in relation to the basic financial statements taken as a whole.
DOL issues guidance on reporting delinquent participant contributions
NEW YORK -- ASA (Bermuda) Limited (NYSE: ASA) announced that at today's annual general meeting of shareholders, shareholders voted to elect all of the nominees for directors of the Company and to ratify the appointment of Ernst & Young LLP to serve as the Company's independent auditors for the fiscal year ending November 30, 2007, and authorize the Company's audit committee to set the independent auditor's remuneration.
ASA (Bermuda) Limited Announces Results of Voting at Annual General Meeting of Shareholders
Tokyo, Japan, June 29, 2006 - (JCN Newswire) - At the 28th ordinary general meeting of shareholders on June 29, 2006, Sanix Incorporated (TSE: 4651) resolved an issue of appointment of its independent auditor.
Sanix Announces Change of Independent Auditor

Financial browser ?
Full browser ?