Auditing Terms

noun a person whose job is to keep records of the financial affairs of a business

• The bookkeeper meticulously recorded all financial transactions for the company.
• The bookkeeper keeps track of all the money stuff for the business.
• The bookkeeper is the one who handles all the cash flow for the company.
• In a way, the bookkeeper is like the financial guardian of the business.

noun In this context, 'fact finding' refers to the process of gathering information or evidence to establish the truth of a situation or claim

• The fact finding mission was conducted by a team of experts to gather evidence.
• We're going on a fact finding trip to learn more about the issue.
• Let's do some fact finding before we make any decisions.
• Sometimes fact finding can lead to unexpected discoveries.

noun a book or other collection of financial accounts of a particular type

• The accountant meticulously recorded all financial transactions in the ledger.
• Hey, can you jot down that expense in the ledger for me?
• I'll just scribble it in the ledger real quick.
• Her mind was a ledger of memories, each one carefully cataloged and stored.