- an official examination and verification of accounts and records, especially of financial accounts.
- a report or statement reflecting an audit; a final statement of account.
- the inspection or examination of a building or other facility to evaluate or improve its appropriateness, safety, efficiency, or the like: An energy audit can suggest ways to reduce home fuel bills.
- Archaic. a judicial hearing.
- Obsolete. an audience.
- to make an audit of; examine (accounts, records, etc.) for purposes of verification: The accountants audited the company's books at the end of the fiscal year.
- to attend (classes, lectures, etc.) as an auditor.
- to make an audit of (a building or other facility) to evaluate or improve its safety, efficiency, or the like.
- to examine and verify an account or accounts by reference to vouchers.
Origin of audit
Related Words for auditreview, analysis, scrutiny, investigation, examination, survey, check, verification, verify, investigate, analyze, scrutinize, examine, report, view, balance
Examples from the Web for audit
Contemporary Examples of audit
Overall, some evidence of scheduling fraud was found in 76 percent of the 731 VA facilities reviewed for the audit.57,000 Vets Still Waiting for VA Care
June 10, 2014
The agency's audit concluded that the Senate staffers using the database had accessed documents they were not authorized to see.What's Inside CIA's 'Black Site' Database? And Were Senate Staffers Allowed to See?
March 8, 2014
Well, according to the 2006 audit of Gallagher Holdings, he could and did.Britain’s KGB Sugar Daddy
March 7, 2014
This was as much an audit of past failures as an expose of current dysfunction.Congress Grills IRS on Kooky, Pricey Conference
June 6, 2013
I personally think the VA should first approve the backlog claims and then audit the claims for accuracy.As VA Backlog Grows, ‘Baffled’ Veteran Allies Begin to Turn On President
April 8, 2013
Historical Examples of audit
She seemed to take charge, to adopt me with the house, to accept and audit and vouch for us.The Bacillus of Beauty
It is, of course, understood that this audit is strictly in confidence?Roden's Corner
Henry Seton Merriman
Audit the account, and do not let me give you a false statement of the debt.The Republic
They tried to audit my accounts, and what do you think I did?Charles O'Malley, The Irish Dragoon, Volume 1 (of 2)
You've come all the way from London on purpose to make that audit, have you?The Lady of Lynn
- an inspection, correction, and verification of business accounts, conducted by an independent qualified accountant
- (as modifier)audit report
- US an audited account
- any thoroughgoing check or examination
- archaic a hearing
- to inspect, correct, and certify (accounts, etc)
- US and Canadian to attend (classes, etc) as an auditor
Word Origin for audit
early 15c., from Latin auditus "a hearing," past participle of audire "hear" (see audience). Official examination of accounts, which originally was an oral procedure.
mid-15c., from audit (n.). Related: Audited; auditing.
The examination by an outside party of the accounts of an individual or corporation.