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Awards won by Imaginary Cloud
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Audit

An audit refers to the systematic examination of processes, systems, or organizations to evaluate their performance, adherence to standards, compliance with regulations, or identification of potential issues or risks. Audits can be conducted for financial, operational, security, or compliance purposes.

Example: A company may conduct a financial audit to review its financial records, statements, and transactions to ensure accuracy, compliance with accounting standards, and identify any potential fraud or discrepancies.

Go to blue arrow
back to glossary

Audit

An audit refers to the systematic examination of processes, systems, or organizations to evaluate their performance, adherence to standards, compliance with regulations, or identification of potential issues or risks. Audits can be conducted for financial, operational, security, or compliance purposes.

Example: A company may conduct a financial audit to review its financial records, statements, and transactions to ensure accuracy, compliance with accounting standards, and identify any potential fraud or discrepancies.

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