initial audit
[ɪˈnɪʃəl ˈɔːdɪt]
nounpl: initial audits
auditoria inicial
1. The first comprehensive examination and verification of a company's financial records, accounts, and internal controls, typically conducted at the beginning of an auditor's engagement with a client
The initial audit revealed several accounting discrepancies that needed to be corrected.
A auditoria inicial revelou várias discrepâncias contábeis que precisavam ser corrigidas.
2. A baseline assessment performed to establish standards and procedures for future audits
During the initial audit, we documented all existing financial processes and control systems.
Durante a auditoria inicial, documentamos todos os processos financeiros e sistemas de controle existentes.
3. The first audit conducted in compliance with ISO or other certification standards
The company passed its initial audit for ISO 9001 certification last month.
A empresa passou em sua auditoria inicial para certificação ISO 9001 no mês passado.
In Brazil, initial audits are critical in business operations, especially for companies seeking ISO certification or preparing for investor presentations. The term 'auditoria inicial' is formally used in corporate environments and is essential in regulatory compliance discussions. In the USA, initial audits establish the foundation for the auditor-client relationship and are crucial for understanding the company's financial landscape and internal control environment.
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