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Meaning of “continuous audit” in the English Dictionary

"continuous audit" in Business English

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continuous auditnoun [C or U]

uk   us  
ACCOUNTING an examination of a company's accounts which is made regularly through the year rather than just at the end of the year: A continuous audit can identify suspicious transactions when they occur rather than weeks or months later.
WORKPLACE an examination of how well a company is working which is made regularly through the year rather than just at the end of the year: A well-performed continuous audit would certainly have brought to light the company's operational problems much earlier.
continuous auditing
noun [U]
The need to improve and accelerate audit activities has led in part to the increased adoption of continuous auditing as a vital monitoring tool.
(Definition of continuous audit from the Cambridge Business English Dictionary © Cambridge University Press)
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“continuous audit” in Business English

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