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audit cycle

nounid 1566·updated May 9, 2026
candidate

The accounting process that auditors employ in the review of a company's financial information. The audit cycle includes the steps that an auditor will take to ensure that the company's financial information is valid and accurate before releasing any financial statements.

MWE

Classifications

Entity Type

Process92%llm-generatedllm:claude-haiku-4-5

Sensitivity

Regulated85%llm-generatedllm:claude-haiku-4-5

Information Class

unclassified

Variants

plural
audit cycles
possessive
audit cycle's
pluralpossessive
audit cycles'

Framework definitions

FFIEC IT Examination Handbook - Audit, April 20121 senseview framework →
§1
The accounting process that auditors employ in the review of a company's financial information. The audit cycle includes the steps that an auditor will take to ensure that the company's financial information is valid and accurate before releasing any financial statements.

Outgoing relationships

No outgoing triples
This term is not the subject of any RDF-style relationship yet.

Incoming relationships

No incoming triples
No other term currently asserts a relationship to this one.