The phrase "audit business" is correct and usable in written English.
It can be used when referring to the practice or industry of conducting audits for companies or organizations.
Example: "The audit business has seen significant growth due to increased regulatory requirements."
Alternatives: "audit industry" or "auditing sector".
The assurance division, which includes EY's core audit business, grew by 8.5% to £550m.
In the year ending in May 2011, for example, Deloitte's consulting business grew by 14.9%, against 4.7% for the audit business.
In the year ending in May 2011, the consulting business grew by 14.9%, against 4.7% for the audit business, a result in line with recent years.
"They got their business model confused," he said, "by having their audit business minimized or used as a loss leader for their consulting business.
The suggestion that the federal government get in the audit business -- for the S.E.C. to employ and pay auditors to audit all public companies -- is simply not viable".
While Mr. Levitt did not succeed in splitting auditing from consulting, the industry accepted strict new ethics rules and limits on the audit business.
Henna Riaz, IP lawyer and managing partner at royalty auditing business 360 Audit, explained why the Premier League is taking such measures.
As Andersen's prospects for resolving its civil liability worsened, the firm provided details of a plan to reorganize itself by splitting its consulting and audit businesses.
4. Attempts to get rid of abuse in the H1-B system by allowing the federal government to audit businesses and requires that they give immigrants a prevailing market wage.
The FairTax is a national tax, but can be administered by the states rather than a federal agency, which may have a bearing on compliance as the states' own agencies could monitor and audit businesses within that state.
What these figures don't show, unfortunately, is the amount they pay other accounting firms for non-audit business.
