Independent auditor


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Independent auditor

A certified public accountant operating outside the company who can provide an accountant's opinion.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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The Board wishes to emphasise that the preliminary unaudited financial information set out above is extracted directly from the latest unaudited management accounts of the Group and subject to, among others, further review by the Company and any potential adjustments that might be proposed by the independent auditor and has not been reviewed by the audit committee of the Board, nor has it been reviewed or audited by the independent auditor.
Contributing to the debate on the Auditor General's budget proposals, MP for Selebi Phikwe West, Mr Dithapelo Keorapetse emphasised the importance of having an independent Auditor General, saying it was crucial for effective governance.
"The engagement contract shall contain a provision that the disclosure of information by the independent auditor to the commission shall not constitute a breach of confidentiality nor shall it be ground for civil, criminal or disciplinary proceedings against the independent auditor," the SEC said.
The e-voting system used in the upcoming PKR election will be monitored by an independent auditor, says the party's election committee.
Transport Ministry is hiring an independent auditor to check Kyrgyz Temir Jolu JSC national railway company, Minister Jamshitbek Kalilov said on Tuesday during the visiting meeting of the parliament committee for transport, communications, architecture and construction.
An independent auditor's obligation when auditing financial statements is twofold: to audit and then to report.
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In addition, he calls into question whether the independent auditor that looked over the books can be trusted.
68, an employer's independent auditor will have to obtain adequate evidence to support an opinion on information produced by an independent organization.
The audited financial reports from independent auditor KPMG LLP cover the National Credit Union Share Insurance Fund, the Operating Fund, the Community Development Revolving Loan Fund and the Central Liquidity Facility.
We have been told by an independent auditor of Worcester's finances that no malfeasance or mismanagement was found.

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