What Does ADR Stand For?
ADR stands for Audit Discrepancy Report
ADR, or Audit Discrepancy Report, is a formal document used to identify, document, and communicate variances or inconsistencies found during an audit process. It serves as a critical tool for ensuring transparency and accountability, allowing organizations to address and rectify issues related to financial records, compliance, or operational procedures. The report typically includes details such as the nature of the discrepancy, its potential impact, and recommended corrective actions.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym