Where lands are given in alms to some church or religious house, upon condition that a service or prayers shall be offered at certain times for the repose of the donor's soul. Britt 164. … [Read more...]

An examination of the financial records of a person, business, or organization, typically done to correct careless or improper bookkeeping or to verify that proper records are being kept. Businesses and nonprofits often undergo an annual audit by an independent accounting firm. The IRS (Internal Revenue Service) also conducts audits, mainly to assess taxes owed. Law Dictionary … [Read more...]

A formal opinion presented by an independent auditor regarding an audit. … [Read more...]

The name of a writ constituting the initial process in an action brought by a judgment defendant to obtain relief against the consequences of the Judgment, on account of some matter of defense or discharge, arising since its rendition and which could not be taken advantage of otherwise. Law Dictionary - Alternative Legal Definition A writ applicable to the case of a defendant … [Read more...]

A formal statement within which an opinion is stated about the condition and reliability of an audited company by an independent auditor. … [Read more...]