As home to supermajors, as well as a plethora of smaller, independent energy players, the US boasts one of the largest concentrations of energy personnel in the world. With its insatiable appetite for energy resources, the United States is the world's single largest consumer of oil, using as much as 20.73 million barrels per day as of 2008. Recently, interest has peaked in the vast quantity of untapped natural gas resources in the US, the reserves of which were inventoried in 2008 at 238 Tcf, with producers specifically targeting the nation's promising shale formations for this energy commodity.
Financial audit includes examining the relevance and reliability of financial records and reporting activities. Different audits may include those completed for taxation, legal, disclosure, or compliance purposes. Audits may be done internally or externally by third parties that deliver an opinion on whether the financial records are in accordance with specified criteria.