auditees
Those being examined
Auditees are people or organizations being audited—examined by an outside party to verify their records, practices, or compliance.
The term appears almost exclusively in business and regulatory contexts: The auditees were given two weeks to prepare their documentation.
The singular auditee names an individual subject of audit.
State of being answerable
- answerabilityObligation to explain oneself
- obligationRequired task or commitment
- oversightSupervision or inadvertent omission
- stewardshipResponsible care of entrusted things
governance · integrity · liability · consequences · remediation · corrective action · follow-up · action plans
Formal assessment of condition
- reviewCritical written assessment
- assessmentFormal evaluation of worth
- evaluationDetermining worth or quality
- verificationProving something accurate
investigation · monitoring · inquiry · vetting · appraisal · due diligence · fact-checking · fieldwork
Those who owe the state
- filingsParticles from abrasion
- returnsProfits from investments
- assessmentsFormal judgments of value
- deductionsConclusions from reasoning
withholding · revenue · exemptions · credits · liabilities · records · documentation · substantiation
Enforced rules and standards
- adherenceFaithful following of something
- conformityAdherence to norms
- standardsAccepted levels of quality
- protocolsEstablished codes of conduct
guidelines · policies · requirements · procedures · rules · certification · accreditation · governance
Legally incorporated business entities
- entitiesThings that exist
- firmsCommercial enterprises or solidifies
- organizationsStructured groups with purpose
- departmentsSubdivisions of an organization
divisions · subsidiaries · agencies · institutions · contractors · grantees · vendors · suppliers
Expressed claims or declarations
- accountsRecords of transactions
- ledgersFormal accounting records
- transactionsExchanges of value
- reconciliationsRestorations of friendly relations
internal controls · materiality · discrepancies · misstatements · irregularities · fraud · assets · liabilities
responsibility
State of being answerable
- answerabilityObligation to explain oneself
- obligationRequired task or commitment
- oversightSupervision or inadvertent omission
stewardship · governance · integrity · liability · consequences · remediation · corrective action · follow-up · action plans · deficiencies
inspection
Formal assessment of condition
- reviewCritical written assessment
- assessmentFormal evaluation of worth
- evaluationDetermining worth or quality
verification · investigation · monitoring · inquiry · vetting · appraisal · due diligence · fact-checking · fieldwork · sampling
taxpayers
Those who owe the state
- filingsParticles from abrasion
- returnsProfits from investments
- assessmentsFormal judgments of value
deductions · withholding · revenue · exemptions · credits · liabilities · records · documentation · substantiation · receipts
regulations
Enforced rules and standards
- adherenceFaithful following of something
- conformityAdherence to norms
- standardsAccepted levels of quality
protocols · guidelines · policies · requirements · procedures · rules · certification · accreditation · governance · oversight
corporations
Legally incorporated business entities
- entitiesThings that exist
- firmsCommercial enterprises or solidifies
- organizationsStructured groups with purpose
departments · divisions · subsidiaries · agencies · institutions · contractors · grantees · vendors · suppliers · franchisees
statements
Expressed claims or declarations
- accountsRecords of transactions
- ledgersFormal accounting records
- transactionsExchanges of value
reconciliations · internal controls · materiality · discrepancies · misstatements · irregularities · fraud · assets · liabilities · disclosures
auditeesauditors
Financial statement reviewers
examiners · inspectors · reviewers · assessors · investigators