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An independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures
National Assembly audit
The result of such an examination, or an account as adjusted by auditors; final account.
1978, William Warren Bartley, Werner Erhard: the Transformation of a Man: the Founding of est, New York: Clarkson N. Potter, Inc., →ISBN, pages 146–47:
[ Werner Erhard said:] I got a lot of benefit from auditing. It was the fastest and deepest way to handle situations that I had yet encountered.
2007, Martin Ramstedt, “New Age and Business: Corporations as Cultic Milieus?”, in Daren Kemp, James R. Lewis, editors, Handbook of the New Age (Brill Handbooks on Contemporary Religion), volume 1, Leiden: BRILL, →ISBN, pages 196–197:
The trainings of Landmark, Block Training and UP Hans Schuster und Partner thus display strong similarities with the self-improvement seminars of Scientology, which are incidentally called 'auditing sessions', a term taken from the business world.
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audit (third-person singular simple presentaudits, present participleauditing, simple past and past participleaudited)
To examine and adjust (e.g. an account).
to audit the accounts of a treasure, or of parties who have a suit depending in court
(finance,business) To conduct an independent review and examination of system records and activities in order to test the adequacy and effectiveness of data security and data integrity procedures, to ensure compliance with established policy and operational procedures, and to recommend any necessary changes