FOLIO Ontology

audited

Verb (Property)
IRI:
https://folio.openlegalstandard.org/R8xpRHcxf8y8ru3RmqO4KMx
Preferred Label N/A
Alternative Labels
audited
Inverse Of N/A

Definition

In the legal and regulatory context, "audited" refers to the systematic examination and evaluation of financial records, operational processes, or compliance practices by an independent party. This process is designed to verify accuracy, adherence to standards or regulations, and to assess the effectiveness of internal controls or procedures.

Property Relationships

Parent Properties

  • None (root property)

Child Properties 0

  • None

Domain & Range

Domain (Subject Classes)

Range (Object Classes)

  • No range specified

Property Relationship Visualization

Interactive graph showing property relationships - click on any node to navigate