independent audit

American  

noun

1. an audit of a company conducted by accountants from an outside accounting firm (distinguished from internal audit).

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Example Sentences

Operators would submit to an independent audit of their compliance with those provisions, and the auditor would send a report to the attorney general.

From Los Angeles Times • Apr. 20, 2026

To make matters worse, stablecoin rival Tether announced it had hired a Big Four accounting firm to complete its first full independent audit, adding to chatter about the company’s potential U.S. expansion.

From Barron's • Mar. 26, 2026

For the first time, chemical sites that have had prior accidents will need to undergo an independent audit.

From New York Times • Mar. 1, 2024

If a local authority reported it was struggling to produce a balanced budget, the Accounts Commission - an independent audit body - could be called in, with some decision-making powers transferred to civil servants.

From BBC • Dec. 13, 2023

The absence of any independent audit of the trustees' accounts may also encourage or conceal irregularities in administration.

From Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 "Baconthorpe" to "Bankruptcy" by Various