external audit (EN)

phrase

phrase “external audit”

1. an independent check of a company's financial records by someone from outside the company to make sure they are correct and follow the rules
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   To ensure transparency, the company undergoes an external audit every year where independent accountants check its financial records.
2. a review done by people from outside an organization to evaluate its practices or see if it follows certain rules
   The school district requested an external audit to assess its safety procedures and ensure compliance with regulations.