So, now that we know that the Single Audit is a time consuming engagement, we can explore why it is time consuming. This short self-study course will highlight the five major differences between a Single Audit and a financial audit of a commercial entity. The Single Audit is three pieces of work.
TB: TeraBytes, GB: Gigabytes. There are 1000 gigabytes in a terabyte. 1 TeraByte is equal to 1000 Gigabytes. 1 TB = 1000 GB. Just a few years ago a use of terabyte, a unit for data volume in digital technology, was something exceptional for the specialists. But nowadays operating with such amounts of information as 1 terabyte, or 1012bytes (1 000 bytes), is becoming more and more common.
In computer terms, 1TB is 2 raised to the 40th power. 2^40 = 1,099,511,627,776 bytes. In Drive manufacturer terms, 1TB = 1,000,000,000,000 bytes (because it makes their drives look bigger) A 1 TB hard drive will format to about 931 GB because of this number game being played.