audit

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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.

audit

a process in which the performance of organizations is monitored by independent agencies. Compared with direct observation and control of behaviour (see SURVEILLANCE), audit usually does its work by an examination of the records of the processes and/or outcomes of organizational activity Audits are a prominent part of what has been termed the ‘new governance’ in contemporary advanced societies. As well as the more familiar financial audits of business organizations, there are today organizational audits of hospitals, schools and universities as well as environmental audits. See also AUDIT SOCIETY.

Audit

 

a check of the business and financial activity of enterprises, organizations, institutions, or individual officials for a certain period of time; one of the forms of subsequent review.

In the USSR all state and cooperative enterprises are audited. The audit is generally conducted once a year; organizations that do not directly conduct business operations must be audited at least once every two years. When necessary an audit may be made at any time (surprise audit). Audits are included in the functions of agencies of state control and intradepartmental control agencies. They were instituted by the Apr. 15, 1936, decree of the Soviet of Peoples’ Commissars of the USSR entitled Intradepartmental Financial Control and Auditing of Institutions, Enterprises, Economic Organizations, and Construction Projects.

The purposes and general procedure of the audit are regulated by governmental resolutions and departmental instructions. The primary purposes of the audit are to check fulfillment of state plans; check the legality of economic transactions and compliance with financial and estimate discipline; monitor the security of socialist property; check the correctness of bookkeeping records and the quality of documentary records underlying bookkeeping entries; and check the correctness of materials accounting in storage business. Auditing helps uncover abuses, unused reserves, and losses owing to unproductive use of time and identifies positive experience in the work of the organizations being audited, thus promoting stronger business accountability and economy measures.

audit

(1) A formal examination by certified auditors of systems, programming, operations and security to determine compliance with internal policies and procedures or with external standards. An audit is often used to satisfy legal requirements of regulatory agencies and laws. See assessment, COBIT, COSO, ISO/IEC 27000, SAS 70 and SSAE 16.

(2) An examination of systems, programming and datacenter procedures in order to determine the efficiency of computer operations.
References in periodicals archive ?
IIA members and staff also participate in a variety of initiatives to establish or improve controls and auditability in technology products and in the standards relevant to technology.
State and local election agencies rarely ask about security and auditability when they purchase electronic vote-tabulation systems.
As evidenced by the actions DoD has taken to date, DoD is fully aware that valuing general equipment in a manner that ensures its auditability requires data and knowledge resident in non-traditional financial management systems and organizations.
What we are finding is there is a lot of variety that makes auditability a challenge.
InRule for Microsoft Dynamics CRM is included in Aspect's Direct Certification solution not only because it enables subject matter experts to update complex and frequently changing rules, but also because it provides a level of accuracy, transparency and auditability that states require," said John Luddy, General Manager, Education Services for Aspect Software.
Achieving auditability of Department of Defense financial statements is among the top priorities of DoD leadership.
The IT community must cooperate with the financial community to ensure that data and transactions captured by DON systems meet minimum auditability requirements.
Retail outlet for fashion and accessories Monsoon has selected Ipswitch File Transfer's MOVEit suite of managed file transfer (MFT) solutions to add security and auditability for file transfer between its international operations, the provider of integration and MFT solutions said on Tuesday.
Change traceability and auditability is an absolute requirement in the aerospace and other regulated industries," says Steven Gentles.
Add on questions about the auditability of all this, and you begin to appreciate the true scope of the challenge.
Scytl's Internet voting system being evaluated by the public with regard to voter privacy, security, auditability & usability for use by City of Edmonton in future binding elections beginning in 2013
For the purpose of the permanent auditability of all qualified certificates from qualified trust service providers in connection with electronic trust services, the Federal Network Agency needs a trust infrastructure, ie a permanently auditable directory for electronic trust services (DAVE).