Definitions for "Financial audit"
Keywords:  gaap, audit, fairly, nao, attestation
See audit
Work undertaken by NAO to provide independent assurance, information and advice to Parliament on the proper accounting for, and use of public resources and to assist audited bodies to improve their standards of financial and risk management.
An audit made by an independent external auditor for the purpose of issuing an audit opinion on the fair presentation of the financial statements of the state in conformity with GAAP. Refer to AUDIT.
a thorough analysis of a firm's past and current financial position designed to verify and evaluate the effectiveness of its financial operations