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Frequently Asked Questions

What is an utility audit?

A utility bill audit is the review of an organization's utility invoices in order to find billing errors and to evaluate rate plans and make suggestions for further savings. This is separate from an energy audit which seeks to minimize energy spending through increased efficiencies.

What is an audit methodology?

Audit methodology is a particular set of processes or procedures used to assess a company’s financial and business risk. Internal and external audits may be used to review specific information relating to different operations of a company. Audits generally test financial information for accuracy and validity.

What do you audit?

What is an 'Audit'. An audit is an objective examination and evaluation of the financial statements of an organization to make sure that the records are a fair and accurate representation of the transactions they claim to represent. The audit can be conducted internally by employees of the organization, or externally by an outside firm.


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