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Definition of Limited audit
1. Noun. An audit of limited scope (limited in time span or confined to particular accounts etc.).
Lexicographical Neighbors of Limited Audit
Literary usage of Limited audit
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Accountants' Students' Journal (1884)
"A limited audit of results, is to some extent useful, but as the results shown
in the balance-sheet are built up from the whole transactions of the concern ..."
2. Auditing Procedure by William Burtis Castenholz (1918)
"... value of audits and examinations is limited by their scope and nature.
Normally a complete audit should be the most valuable. A limited audit or invest! ..."
3. Inspector General Act Oversight: Hearings Before the Committee on Government edited by Stephen Horn (1999)
"Therefore, the performance measurement information will be subjected to limited
audit procedures as outlined in OMB guidance entitled Audit Requirements for ..."