Difference between Audits and Inspect

AUDITS vs INSPECT: NOUN

A methodical examination or review of a condition or situation
Plural form of audit.
An inspection of the accounting procedures and records by a trained accountant or CPA

To examine critically or carefully; especially, to search out problems or determine condition; to scrutinize
Of accounts and tax returns; with the intent to verify
Come to see in an official or professional capacity
Look over carefully
To view and examine officially
Examine carefully for accuracy with the intent of verification

To look upon; to view closely and critically, esp. in order to ascertain quality or condition, to detect errors, etc., to examine; to scrutinize; to investigate.
To view and examine officially, as troops, arms, goods offered, work done for the public, etc.; to oversee; to superintend.
To review or examine officially.
To examine carefully and critically, especially for flaws.

To view closely and critically; examine (a thing or place) in order to ascertain its quality or condition; especially, to examine officially in order to make a formal report.
Synonyms To scrutinize, investigate, oversee.
To look closely; examine: with into.

Assessment, Examinations, Review, Appraisals, Evaluations, Checks, Inspection, Investigations, Assessments, Auditor, Inspections, Auditors, Audited account, Scrutinize, Inspect

Checking, Check, Consult, Ascertain, Observe, Verify, Monitor, Supervise, Investigate, Inspections, Examine, Inspection, Audit, Visit, Scrutinize

Scrutinies, Examination, Tests, Oversight, Assessment, Review, Evaluations, Checks, Inspection, Investigations, Auditor, Inspections, Auditors, Scrutinize, Inspect

Checking, Check, Consult, Ascertain, Observe, Verify, Monitor, Supervise, Investigate, Inspections, Examine, Inspection, Audit, Visit, Scrutinize

AUDITS: PERFORMANCE Records concerning internal and external audits conducted to assess the function of government programs.
Independent reviews are used between audits, or in place of audits for smaller companies.
Annual state audits were replaced with audits conducted at least once every three years.
Audits: Annual audits are required; fiscal audit reports must be available to Federal auditors.
Lastly, in many cases transfer pricing audits may trigger VAT and customs related audits.
Single Audits and audits performed for the New Jersey Department of Human Services.
In addition, we proposed requirements related to data validation audits and targeted audits.
Internal audits have historically been aligned with accounting and financial reporting audits.
Conducts internal QMS audits and participates in external registrar or customer audits.
External audits are normally seen as audits imposed on an organization.

Inspect the shotgun rounds for serviceability and defects.
Bidders may inspect the property prior to bidding.
Visually inspect wheels for possible damage before mounting.
Inspect springs and cable for wear each year.
Procedure: Inspect tire tread, type, inflation, and sidewalls.
They also inspect services services they inspect or regulate.
An inspect policy can be configured on this zone pair to inspect or drop the traffic between two interfaces in the same zone.
Inspect the elbow, inspect the size and contour, notice any sorts of deformity, or swelling, or lesions.
Inspect deterioration or leakage in lines, tanks, valves, drain pumps and other parts Visually inspect hooks with deformation or cracks on a daily basis.
Inspect and measure disc brake pads; inspect mounting hardware; determine needed action.