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gatekeeper

noun/ˈɡeɪtkiːpə/

B1CEFR level
30/100Rarity: fairly common
TechnicalRegister

An intermediary such as an auditor or lawyer whose verification the market relies on to police corporate conduct.

Auditors, as gatekeepers, failed to challenge the aggressive revenue recognition.

Similar: watchdog

Topic: Corporate governance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Corporate governance