Definition of internal audit
1 : a usually continuous examination and verification of books of account conducted by employees of a business —contrasted with independent audit
2 : a review of systems of internal check and internal control of a business
Keep scrolling for more
Love words? Need even more definitions?Merriam-Webster unabridged
Words at Play
- What Puts the 'Tide' in ‘Yuletide'?
- 13 Breakfast Foods That Are Also Verbs
- The Declassified History of 'Security Blanket'
- If You Like to Complain About 'Decimate'...
Ask the Editors