Auditing
The audit is the examination of the financial management of a corporation , an institution under public law or an association of persons.
In the case of corporations under public law , such as municipalities, districts, federal states and federal states, as well as institutions under public law, auditing is carried out by external bodies (e.g. auditing associations) or internal bodies (such as an audit office , an audit office or an audit committee).
The relevant legal provisions for auditing regional authorities can be found in budget law , i. H. in the case of the federal government in particular in the federal budget regulations (§§ 88-104 BHO), in the case of the states in the respective state budget regulations (e.g. §§ 88-104 LHO Baden-Württemberg) and in the case of the municipalities in the respective municipal constitution (e.g. B. Sections 128-133 Hessian Municipal Code). Municipalities can regulate further details in an audit regulation.
In the case of associations organized under private law, especially registered associations , auditors who are elected from among the members regularly check the association's finances.
External auditing by auditors is known as auditing .
