audit opinion
91reporting partner — The partner in a firm of auditors who forms an audit opinion on the financial statements of a client company and signs and dates the auditors report after the financial statements have been formally approved by the directors of the company …
92reporting partner — The partner in a firm of auditors who forms an audit opinion on the financial statements of a client company and signs and dates the auditors report after the financial statements have been formally approved by the directors of the company …
93conflict of interest — An incompatibility between an individual’s rights and responsibilities. *Rewards gained by an individual from a conflict of interest are generally regarded as unethical, and they may also breach legislation or Regulations. For example, an… …
94derivative — A *security whose value derives from uncertain or variable underlying conditions. Examples of derivatives include *futures contracts and *options. The underlying conditions that give rise to uncertainty include fluctuations in the *prices of… …
95event — 1. A transaction or significant happening in an organization that can influence an *audit opinion. 2. In *critical path analysis, a point that represents the start or end of an activity or series of sequential activities. 3. In *probability… …
96fair presentation — A term used in external auditing in the United States to refer to *financial statements that portray underlying economic conditions in an accurate, reliable, honest, and Understandable manner. External auditors are required to give an *audit… …
97management advisory services — MAS Services other than external auditing supplied by external auditors. Examples of management advisory services (MAS) include (i) *tax advice, (ii) employee training, (iii) IT systems implementation, (iv) the Outsourcing of internal auditing,… …
98management letter — An *external auditor’s report that contains recommendations for improvements in procedures and *internal controls. Alongside an *audit opinion, external auditors normally provide a management letter as a service to *auditees …
99АУДИТ — AUDITСистематический процесс объективного получения и оценки компетентным независимым лицом материалов об указанной юр. организации, предприятии, обществе для определения и составления отчета о соответствии между заявленными экон. мероприятиями,… …
100auditors' report — audit report A report by the auditors appointed to audit the accounts of a company or other organization. Auditors reports may take many forms depending on who has appointed the auditors and for what purposes. Some auditors are engaged in an… …
