What's the difference between auditor and bookkeeping?

Auditor


Definition:

  • (a.) A hearer or listener.
  • (a.) A person appointed and authorized to audit or examine an account or accounts, compare the charges with the vouchers, examine the parties and witnesses, allow or reject charges, and state the balance.
  • (a.) One who hears judicially, as in an audience court.

Example Sentences:

  • (1) He pointed out that the bank's external auditors had also found nothing.
  • (2) Getting them to safety is now vital.” While the EU’s hotspots approach improved the fingerprinting and security vetting of migrants, the auditors said that funding and relocation “bottlenecks” had extended the detention of migrants, with disastrous consequences for children.
  • (3) Big organisations, whether in the private, public or charitable sectors usually have independent internal audit before getting anywhere near the external auditors.
  • (4) We aggressively push new uranium deals to countries like India , whose nuclear industry has been called unsafe by its own auditor general , and which point blank refuses to sign the global nuclear non-proliferation treaty .
  • (5) Delays in discharging older patients from hospital when they no longer need care is costing the NHS £820m every year, a report by official auditors has concluded.
  • (6) Our auditors have seen our legal advice on this matter and confirmed that we do not need to make provision in relation to this matter."
  • (7) On page 66 of the annual report, the auditors note that “commercial income is material to the income statement and amounts accrued at the year end are judgmental.
  • (8) Auditors are also concerned about the longer-term financial sustainability of single-tier and county councils, reporting that 52% of these authorities are not well placed to deliver their medium-term financial strategies.” The report concludes that the DCLG “does not monitor in a coordinated way the impact of funding reductions on services, and relies on other departments and inspectorates to alert it to individual service failures.
  • (9) Auditors said this would be cut again before the financial year ends in March.
  • (10) The project failed the auditors' standards, but 61 of the 65 objectives were met and 130,000 people are estimated to have benefited.
  • (11) Election 2015: off-year votes put focus on marijuana, LGBT rights – and Airbnb Read more Bevin’s win also had coat tails down ballot as Democratic state auditor Adam Edelen, widely tipped as a potential opponent for Senator Rand Paul in 2016, lost in an upset to his Republican opponent.
  • (12) There was no way the Bush administration would want independent auditors to publish a report into the financial propriety of its Iraqi administration while the CPA was still in existence and Bremer at its head still answerable to the press.
  • (13) However, in a letter to independent senator Nick Xenophon released last week, the auditor general, Ian McPhee, said the campaign could cost up to $30m.
  • (14) One in six councils are not expected to deliver services within budget this year, and more than half of all councils are at risk of financial failure within the next five years, a report from official auditors says.
  • (15) The BBC must be subject to full independent audit by the comptroller and auditor general.
  • (16) The auditors found that land for 15,740 of these properties was sold off under Tony Blair and Gordon Brown, with some sold off as far back as 1997.
  • (17) This finding that slight degradation of sensory input had secondary consequences on memory and comprehension of spoken material led to an interpretation of findings that 960 individuals aged from 50 to 82 years, in contrast to young adults, showed markedly better recall for word lists presented visually than for word lists presented auditorally, even when each word in each list was correctly read or repeated aloud.
  • (18) And given that the number of people receiving personal budgets has been rising sharply, it is hardly surprising that such cases are attracting greater attention from national and local auditors.
  • (19) The firm that took over from Atos in the implementation of fitness-to-work tests is performing worse in key areas as costs continue to spiral, a report by the official auditors has disclosed.
  • (20) Last week the FRC unsealed details of a past disciplinary action against iSoft's auditor, laying bare a catalogue of accounting failures that had misled investors between 2003 and 2005.

Bookkeeping


Definition:

  • (n.) The art of recording pecuniary or business transactions in a regular and systematic manner, so as to show their relation to each other, and the state of the business in which they occur; the art of keeping accounts. The books commonly used are a daybook, cashbook, journal, and ledger. See Daybook, Cashbook, Journal, and Ledger.

Example Sentences:

  • (1) Francisco Moreno, an unemployed bookkeeper, scoffed at Spanish leaders' calls on the public to be patient.
  • (2) Bookkeeping suggests that some K(+) influx be called active.
  • (3) Most hospitals use time clocks for nonsalaried employees for bookkeeping purposes; dissatisfaction with this method of tracking hours worked does not appear to be widespread.
  • (4) The virtues of graft were drummed in by his parents, Nettie, a bookkeeper and Martin, an engraver – so successfully that at 17 Woody was earning more than them both combined , rattling out gags for comedians and columnists.
  • (5) Shortly afterwards, the heiress's former bookkeeper claimed Bettencourt had made illegal cash donations to Sarkozy's 2007 presidential election campaign, an allegation vehemently denied by the French leader and his entourage.
  • (6) "This will mean the end of the quite onerous bookkeeping and segregation of supplies, equipment and people that were necessary under the Bush executive order," he said.
  • (7) "This will mean the end of the quite onerous bookkeeping and segregation of supplies, equipment and people that were necessary under the Bush executive order," said BD Colen, spokesman for the institute in Cambridge, Massachusetts.
  • (8) The person(s) responsible for bookkeeping and accounting should choose carefully, ensuring that any system is easy to use, has been thoroughly tested, and provides at least as much control over office records as has been outlined in this article.
  • (9) Vanessa Chantal Paradis – granted such a birth name you'd feel, surely, that you had failed if you ended up, at 37, bookkeeping for a toilet supplies company rather than, say, having a string of bestselling albums, a swish-sexy batch of films behind you, and a partner regarded even by men as the sexiest actor in the world… Ms Paradis, who is still not Mrs Depp, is a cool, measured draught of sanguine thoughtfulness, which is not quite what I had expected.
  • (10) The secret to good bookkeeping is to keep it up to date on a daily basis.
  • (11) In the past, a PC's "jobs" have included education, bookkeeping, business workflows (where Office especially dominates), media creation and consumption, internet-based communication (text, audio or visual) and social media.
  • (12) The same applies to underhand accounting practices: the shopper who rumbles Tesco’s shoddy pricing strategy can’t be expected to extend their scrutiny to the supermarket’s internal bookkeeping.
  • (13) Jacqueline Ruge, 44, a bookkeeper from Berlin, says she understands the need to help out Germany's neighbours, but this generosity should not be abused.
  • (14) Computers can calibrate and monitor instrument performance regularly, and can handle managerial and clerical duties such as bookkeeping.
  • (15) In the basement archives of a local arts and crafts museum where the books and bookkeeping registers were handled, a woman on the museum staff had had ten attacks of fever, chill, nausea and cough during one year.
  • (16) Whether you’re a bookkeeper, a supplier, a driver, a cook, whatever you are, if what you’re doing helps the machinery of death of a regime to keep rolling, you should be called to account.
  • (17) In the past, erring executives have rarely got prison time for their roles in shady bookkeeping.
  • (18) The page was sent to Ballou on 31 January 1968, several weeks before King was assassinated, by Lillie Hunter, bookkeeper for the SCLC and secretary to Ralph Abernathy – a close associated of King.
  • (19) Beginning in the 1920s and culminating in the work of Kinsey in the 1940s and 1950s, a tradiition of social bookkeeping began focusing on the sexual behavior of relatively normal persons.
  • (20) She was at home until my younger sister went to primary school and then worked only school hours as a bookkeeper until we were in our teens: she was always there, taken for granted in the background.

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