What does audit department mean?

audit department meaning in Law Dictionary

department that supervises record maintaining and accounting. It makes treatments and principles to keep things to code. Regular audits are done assuring performance.

audit department meaning in Business Dictionary

A unit within a business that oversees recordkeeping and accounting features. The audit department creates and implements treatments and controls to ensure that the funds of an organization tend to be managed according to established maxims. In addition conducts periodic audits to check the accuracy of recordkeeping and accounting and make sure that treatments and settings will work precisely.