auditor

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auditor

Austral, US and Canadian a registered student who attends a class that is not an official part of his course of study, without actively participating it

Auditor

 

an individual who is admitted to all academic activities at an institute of higher learning and also to state examinations (after passing all tests and course examinations) but who does not have the rights and privileges granted to students. The institution of auditing existed in pre-revolutionary Russian universities. In the early years of Soviet power, all persons 16 or over were permitted to attend classes at an institution of higher learning as auditors. As the state systems of evening and correspondence education were organized in the USSR, the status of auditor was abolished.

In institutions of higher learning of some socialist countries, such as Poland, taking examinations as an extern after having audited classes is permitted.

In the institutions of higher learning of many capitalist countries there is a system of free attendance to classes which allows students to work in order to be able to pay the high tuition, dormitory rates, and other expenses. In several countries, such as Great Britain, there are special university divisions for student auditors.

References in periodicals archive ?
These risks go beyond the risks inherent in the financial statements and include risks associated with using the work of other auditors. Significant planning, communication, and professional judgment are required to ensure that proper steps are taken to reduce these risks while providing continued optimal client service.
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But SOX mandates have modified the relationship between external auditors, firms, and firm managers.
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It is essential to note that auditor independence should be as important to Department leaders as it is to the auditors themselves.
During an audit, everyone from top management to temporary employees must be prepared for a variety of questions from the auditor. Typically, auditors want to speak in depth with top management and those with direct authority over aspects identified in the program.
The new standards are expected to enhance the application of the long-standing audit risk model and improve the quality of audits because they specifically require auditors to:
The new rules promoting the ethics and independence of public company auditors "draw clear lines to distinguish inappropriate services that impair auditor independence from permissible services that are not detrimental" according to PCAOB Chair William J.
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To that end, the AICPA has commented on numerous SEC proposals focused on internal control reporting, audit committees, codes of ethics, misleading auditors, off-balance-sheet activities, non-GAAP proforma financial disclosures and auditor independence--seven key areas of the law in which the CPA profession has long-held and strongly advocated positions to protect the public and add valuable information to the capital markets and investors.