Audit organization

An organization specialized in verifying that an individual or company's assertions correspond with some established criteria.

Traditionally, auditing organizations have mainly been associated with verifying financial systems and records (financial audit). In this context, the auditor employed by the auditing firm must determine whether the records or reports are accurate and truthful, interpret and judge the facts, and offer recommendations.

Recently auditing firms have begun to investigate other aspects of businesses, such as environmental and social performance.