Examples of Financial audit in a sentence
Financial audit means an examination of financial statements in order to express an opinion on the fairness with which they are presented in conformity with generally accepted accounting principles and an examination to determine whether operations are properly conducted in accordance with legal and regulatory requirements.
Financial audit staff members hold degrees with an emphasis in accounting.
For example, in a digital imaging project that is reliant on vendor provided software, a delay in the delivery of the software is a potential risk and the potential consequence of this would be the delay of many, if not all, subsequent project tasks.
Financial audit: The financial audit shall be done by the Treasurer without any external influence.
Board members may be terminated for or without cause only by their original appointer; the Owner may only terminate the Owner-appointed member, the Contractor may only terminate the Contractor-appointed member, and the first two members must agree to terminate the third member, except in the instance of an apparent conflict of interest, when a member may be terminated for cause by a vote of both the other two members plus either the Owner or the Contractor.