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Audit

Definition: Review of a company's accounting records and supporting documents by a CPA firm. An audit verifies bookkeeping transactions and determines their accuracy and propriety for a specific accounting perioDefinition: d. See Accountant's Letter. Definition: [crh] An examination of a company's accounting records and books conducted by an outside professional in order to determine whether the company is maintaining records according to generally accepted accounting principles. See: accountant's opinion.

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