From Wikipedia, the free encyclopedia
Jump to: navigation, search
WikiProject Business / Accounting  (Rated Start-class, High-importance)
WikiProject icon This article is within the scope of WikiProject Business, a collaborative effort to improve the coverage of business articles on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.
Start-Class article Start  This article has been rated as Start-Class on the project's quality scale.
 High  This article has been rated as High-importance on the project's importance scale.
Taskforce icon
This article is supported by the Accounting task force.

Ford, not to be confused with fjord[edit]

"Audit: Not to be confused with Audi". Is there any indication that people do confuse the two? Tomjpollard (talk) 13:46, 23 April 2014 (UTC)

...not advertising by Audi...just added by an enthusiast! "The best car in the world! (Audi A8 luxury sedan)" Tomjpollard (talk) 15:10, 23 April 2014 (UTC)

the purpose of auditing?[edit]

The purpose of auditing seems to be implicit in there, but it should be explicitly stated for those of us, who not even knowing what auditing is, come to this site to find out. Anyway, according to the definition used: what EXACTLY is auditing. If someone write up a quick one or two sentences as to its purpose (i.e. i dunno - e.g. to satisfy investors  - or whatever, please do so). --ToyotaPanasonic 07:06, 31 March 2007 (UTC)

"The purpose of an audit is (a) to satisfy any legal requirement to conduct an audit, and/or (b) to give a measure of confidence, or otherwise, to any person(s) who may wish, or need, to rely on the information given in the original accounts/financial data being audited." -- 20:38, 8 May 2007 (UTC)

The purpose of auditing is to provide assurance that a company's financial records are prepared and presented correctly in a manner that follows internationally accepted standards. In other words, an audit allows a company to declare that what's being reported as their financial status is correct. Modelwatcher (talk) 19:14, 7 January 2008 (UTC)

The purpose of auditing is to clarify or assure the financial statements or information of an entity that are prepared in all material respect in accordance with financial reporting framework, to be able useful in decision making process. --Lvictorio —Preceding unsigned comment added by (talk) 02:24, 24 November 2010 (UTC)

Value for Money[edit]

Needs a section for this. -- (talk) 18:41, 27 May 2014 (UTC)


Hi there.

what is the correct word to use for describing an audit report, does an auditor formulates a judgment or an adit opinion? — Preceding unsigned comment added by (talk) 10:31, 13 August 2014 (UTC)

Another typo?[edit]

In the last line of the intro, should "; over the subject manner." be "; over the subject matter." Fholson 11:27, 31 October 2014 (UTC)

Dr. Favero's comment on this article[edit]

Dr. Favero has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:

This is a quite correct article, given the constraints of shortness and the need to cover different aspects of auditing.

As far as financial audit is concerned, the Sarbanes-Oxley Act may be cited where it concerns auditing. It may eventually also be of interest the concept of "creative auditing", which I proposed together with Marisa Agostini in a paper of us:

We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Favero has published scholarly research which seems to be relevant to this Wikipedia article:

  • Reference : Marisa Agostini & Giovanni Favero, 2012. "Accounting fraud, business failure and creative auditing: A micro-analysis of the strange case of Sunbeam Corp," Working Papers 12, Department of Management, Universita Ca' Foscari Venezia, revised Mar 2013.

ExpertIdeasBot (talk) 00:22, 26 May 2015 (UTC)

External links modified[edit]

Hello fellow Wikipedians,

I have just modified one external link on Audit. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:

When you have finished reviewing my changes, please set the checked parameter below to true or failed to let others know (documentation at {{Sourcecheck}}).

Question? Archived sources still need to be checked

Cheers.—InternetArchiveBot (Report bug) 08:18, 21 October 2016 (UTC)