Regular audit definition

Regular audit means the annual or biennial audit, as the case may be, required by law.

Regular audit. Review of fiscal documentation and records. No Opinion Letter on Internal Controls. Management Letter with suggestions is written. Required based on partner’s budget/revenues of $100,000 and above.

Examples of Regular audit in a sentence

• Regular audit and review processes ensure that such systems are reinforced on an ongoing basis.

• Regular audit and compliance checks enable the State to identify changes, modifications, and corrective measures needed for continued prudence in the management of public funds.

• Regular audit progress reports have been submitted to the Audit Committee during the year.

• Regular audit progress reports have been submitted to the Audit & Risk Assurance Committee during the year.

• Regular audit report by the Internal Audit Department for the audit evaluation of the internal controls and any key findings with the respective recommendations; 4.

• Regular audit committee meetings are held where statutory auditors as well as internal auditors participate and internal audit reports are discussed and reviewed.

• There are many reasons to undertake clinical audit: Clinical audit offers a way to assess and improve patient care, to uphold professional standards and ‘do the right thing’. Through clinical audit, healthcare staff may identify and measure areas of risk within their service. Regular audit activity helps to create a culture of quality improvement in the clinical setting. Clinical audit is educational for the participants.

• Regular audit of competency forms part of an ultrasound practitioner’s work.Depending on the country in which they practise, an ultrasound practitioner should be statutorily registered, if possible, for example in the UK, most ultrasound practitioners are registered with the Health and Care Professionals Council (HCPC) under their primary degree as Radiographers.

• Regular audit of staff practices and resident surveys identify any issues and these are followed up through discussion and continuing education.

• Regular audit of contact tracing was put in place and discussions are on-going towards targeted preventative and case finding activity amongst higher risk populations.