final audit
[ˈfaɪnəl ˈɔːdɪt]
nounpl: final audits
auditoria final
1. A comprehensive examination and verification of financial records, accounts, and transactions conducted at the end of a fiscal period or project completion
The final audit revealed several discrepancies in the quarterly expense reports.
A auditoria final revelou várias discrepâncias nos relatórios de despesas trimestrais.
2. The last official review of a company's or organization's financial statements before they are publicly released or certified
After the final audit, the company received a clean opinion from its external auditors.
Após a auditoria final, a empresa recebeu uma opinião sem ressalvas de seus auditores externos.
3. A thorough examination of compliance, procedures, or systems at the conclusion of a contract, grant, or operational period
The government conducted a final audit of the contractor's records before closing the project.
O governo realizou uma auditoria final dos registros do contratante antes de encerrar o projeto.
In Brazil, final audits are critical for corporate compliance and are mandated by regulatory bodies like CVM (Comissão de Valores Mobiliários). In the USA, final audits are essential for public companies under SOX (Sarbanes-Oxley Act) requirements and are a fundamental part of corporate governance and investor protection.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →