ACCOUNTINGanexaminationof a company'saccountswhich is maderegularlythrough theyearratherthan just at the end of theyear:Acontinuousauditcanidentifysuspicioustransactionswhen theyoccurratherthanweeksormonthslater.WORKPLACEanexaminationof how well acompanyisworkingwhich is maderegularlythrough theyearratherthan just at the end of theyear:A well-performedcontinuousauditwouldcertainlyhavebroughttolightthe company'soperationalproblemsmuchearlier.
continuous auditing
noun[U]The need toimproveandaccelerateauditactivitieshasledinpartto theincreasedadoptionofcontinuousauditingas avitalmonitoringtool.(Definition ofcontinuous auditfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofcontinuous audit
continuous auditKnowing about these steps will enable auditors to better monitor thecontinuousauditprocess and provide recommendations for its improvement, if needed.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The second step consists of determining the rules or analytics that will guide thecontinuousauditactivity, which need to be programmed, repeated frequently, and reconfigured when needed.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.There also needs to be acontinuousauditof that research experiment.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/continuous-audit##