Definition

Auditing

Auditing is the examination of financial statements by a certified public accountant in order to express an opinion as to the fairness of presentation.


Auditing definition in Computer Networking:

Auditing means recording selected events or actions for later review. Audits can help in establishing patterns and in noting changes in those patterns that might signal trouble.

Webster Dictionary Meaning

1. Auditing
- of Audit
Share it:  Cite

More from this Section

  • Gross profit rate
    Gross profit rate means the gross profit expressed as a percentage, by dividing the amount ...
  • Premium
    Premium is the difference between the selling price and the fact value of a bond/stock, ...
  • Station identifier
    Station identifier is the hardware address for a computer in an ARCnet network. ...
  • Bookkeeping
    Bookkeeping is a part of accounting process that involves only the recording of economic ...
  • ARCnet (attached resource computing networks)
    A 2.5 Mbps LAN technology created by Data Point Corporation in the early 1980s. ARCnet ...