Definitions (2)
Related Terms
1. General: Orderly recall of past information in summary form for its reexamination.
2. Accounting: Financial data analysis that provides less assurance than a full audit, but more than a compilation (which provides no assurance). In a review, an auditor expresses limited assurance that the firm's financial statements do not require any material modification for them to be in conformity with the provisions GAAP.

Use 'review' in a Sentence

If you are called in front of the review board just give them honest and confident answers about why you chose the route that you did.
18 people found this helpful
Taking a good review of your past year can help you forecast what changes to make for the coming years problems.
15 people found this helpful
A review of the company's finances was in order, because there were suspicions that the accounting department was cooking the books and hiding expenses.
14 people found this helpful