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Simple English definitions for legal terms

double audit

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A quick definition of double audit:

A double audit is when two independent auditors examine the same subject separately. An audit is a formal examination of an individual's or organization's accounting records, financial situation, or compliance with some other set of standards. A double audit provides an extra layer of assurance that the subject being audited is accurate and reliable.

A more thorough explanation:

A double audit is when two independent auditors perform an audit of the same subject separately. An audit is a formal examination of an individual's or organization's accounting records, financial situation, or compliance with some other set of standards.

For example, a company may hire two different auditing firms to perform a double audit of their financial statements. This helps to ensure that the financial statements are accurate and reliable, as any discrepancies or errors will be caught by both auditors.

Another example of a double audit is when two different regulatory agencies conduct an audit of the same organization to assess compliance with laws and regulations. This helps to ensure that the organization is following all necessary rules and regulations.

Overall, a double audit provides an extra layer of assurance and helps to increase the accuracy and reliability of the audit results.

double assessment | double-bill

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18:46
do u have a dream school?
18:46
well i saw one is at fordham and one is at upenn and ik fordham isnt t14 but its better than temple and villanova
18:47
dream is duke
18:47
ooh interesting choice why Duke?
18:48
i got into fordham and so did the dumbass I was dating for like two months it’s not that hard
18:48
by which I mean if they let him in I don’t trust their standards
18:49
my dad went to duke law so i have been a fan forever
18:49
Duke is fun. I took a trip there when I was 19 or so. Really good time when I was a young rapscallion.
18:49
and ik i just dont think i gave myself enough time for a guaranteed 170+ performance
18:49
I didnt see if anyone answered my UGA question. Did anyone answer it?
18:53
@Dkkm11: are you not still a young rapscallion?
19:00
Nah, I am gray-bearded wizard.
19:02
Hmmm. I guess that’s okay.
19:03
Honestly, idk what I would call myself these days. Will probably not know until I can reflect on this part of my life which will be idk, in like 5 years when I am 32.
19:06
Does your life come in 5 year epochs typically?
19:06
Someone told me a while ago that I was probably molested as a kid because I don’t really have any clear memories of my childhood. But I don’t think I was.
1a2b3c4d26z
19:10
Inside thoughts!
19:10
this is where I post my inside thoughts
19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
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