audit failure Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “audit failure” in the English Dictionary

"audit failure" in Business English

See all translations

audit failurenoun [C or U]

uk   us   ACCOUNTING
a ​situation in which an audit wrongly ​states that a company's ​accounts are ​correct when they contain mistakes or ​falsestatements: Until the ​auditfailure has been ​investigated, we will not know if it was ​due to ​negligence or ​wrongdoing.
(Definition of audit failure from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of audit failure?
Add Cambridge dictionaries to your browser to your website
Word of the Day

forage

to go from place to place searching, especially for food

Word of the Day

Meerkat meme
Meerkat meme
by Colin McIntosh,
September 03, 2015
Meerkats are not new to popular culture (they appear in the folk tales of the San people of the Kalahari), but their arrival in the public’s consciousness, at least in the UK and the US, is a relatively recent phenomenon. Meerkats are small, sociable Southern African mammals that live in large family

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More