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English
Verb
tick and tie (third-person singular simple present ticks and ties, present participle ticking and tying, simple past and past participle ticked and tied)
- (accounting) To make sure that every item in a ledger or in an inventory is accounted for and properly connected to other items to which it relates.
1997, James Edward Keogh, Solving the Year 2000 Problem, page 131:The leveling diagram can be used as a tick and tie list for the year 2000 team to ensure that no system or piece of hardware that should be fixed is overlooked.
2003, Mary Pat McCarthy, Tim Flynn, Risk From the CEO and Board Perspective, page 22:Rather than diving into the filing cabinets to tick and tie the paper trail, today's external audits start with a proper understanding of the business and the competitive environment in which a company operates.
2012, Jason A. Scharfman, Private Equity Operational Due Diligence, page 239:Auditors do not necessarily tick and tie every single position held in a fund.