audit (redirected from Government audits)

audit

Examination of the records and reports of an enterprise by accounting specialists other than those responsible for their preparation. Public auditing by independent accountants is common in large firms. The auditor performs tests to determine whether the firm's statements were prepared in accordance with acceptable accounting principles and that they fairly present its financial position and operating results. Personal tax audits are carried out to determine whether people have accurately reported their financial circumstances when filing their taxes. Failing such an audit may result in a fine, or, in cases of extensive and deliberate deception, criminal prosecution. See also Internal Revenue Service.

---

audit

An examination of systems, programming and datacenter procedures in order to determine the efficiency of computer operations.

---

audit [′ȯd·ət]

(computer science)

The operations developed to corroborate the evidence as regards authenticity and validity of the data that are introduced into the data-processing problem or system.