reperformance

reperformance
The repetition of an activity to observe whether the original activity was undertaken in accordance with established *policies and *procedures. Reperformance is a common *audit test - for example, auditors may recalculate an asset’s *amortization expenses, or perform a *walk-through test of a *sales transaction.

Auditor's dictionary. 2014.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • reperformance — n. * * * …   Universalium

  • reperformance — n …   Useful english dictionary

  • Model audit — A model audit is the colloquial term for the tasks performed when conducting due diligence on a financial model, in order to eliminate spreadsheet error. (Also known as Model Review in some areas). A study in 1998 concluded that even MBA students …   Wikipedia

  • Information technology audit process — Information technology audit process:Generally Accepted Auditing Standards (GAAS)In 1947, the American Institute of Certified Public Accountants (AICPA) adopted GAAS to establish standards for audits. The standards cover the following three… …   Wikipedia

  • The Story I Am About to Tell — was a successful South African play by Duma Kumalo. Produced by a support group for survivors giving testimony at the Truth and Reconciliation Commission, and starring three of them, [These three returned every night to repeat their TRC… …   Wikipedia

  • reperform — verb To perform again or anew. See Also: reperformance …   Wiktionary

  • internal audit — A branch of auditing developed in the twentieth century as a means of monitoring an organization’s *risks, *internal controls, procedures, and *management accounting. As *corporations and *public sector organizations became increasingly complex… …   Auditor's dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”