internal audit

noun

1. an audit conducted by company accountants on a regular basis (independent audit ).

Example Sentences

A 2015 report from an internal audit by a CBP advisory council said that “arrests for corruption of CBP personnel far exceed, on a per capita basis, such arrests at other federal law enforcement agencies.”

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The internal audit found, for example, that "in a sample of 34 tested credit card transactions, supporting invoices/receipts were not available for nine transactions".

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The investigation by the EA was prompted by an internal audit of the school for 2023-24, which identified a number of issues, including a "lack of authorisation for purchases using school credit cards" and "risk of financial errors and financial loss".

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In a written ministerial statement, Phillipson said she became aware last year of "credible concerns about the recruitment and attendance of students" at the college and commissioned an investigation by the Government Internal Audit Agency.

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In 2018, Spain's interior ministry didn't give a green light to an Eticas proposal to conduct a confidential, pro-bono, internal audit.

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