The repetition of an activity to observe whether the original activity was undertaken in accordance with established *policies and *procedures. Reperformance is a common *audit test - for example, auditors may recalculate an asset’s *amortization expenses, or perform a *walk-through test of a *sales transaction.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • reperformance — n. * * * …   Universalium

  • reperformance — n …   Useful english dictionary

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  • reperform — verb To perform again or anew. See Also: reperformance …   Wiktionary

  • internal audit — A branch of auditing developed in the twentieth century as a means of monitoring an organization’s *risks, *internal controls, procedures, and *management accounting. As *corporations and *public sector organizations became increasingly complex… …   Auditor's dictionary

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