audit

[aw-dit] /ˈɔ dɪt/
noun
1.
an official examination and verification of accounts and records, especially of financial accounts.
2.
a report or statement reflecting an audit; a final statement of account.
3.
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.
4.
Archaic. a judicial hearing.
5.
Obsolete. an audience.
verb (used with object)
6.
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.
7.
to attend (classes, lectures, etc.) as an auditor.
8.
to make an audit of (a building or other facility) to evaluate or improve its safety, efficiency, or the like.
verb (used without object)
9.
to examine and verify an account or accounts by reference to vouchers.
Origin
1400-50; late Middle English audite < Latin audītus the sense or act of hearing, equivalent to audī(re) to hear + -tus suffix of v. action
Related forms
auditable, adjective
reaudit, noun, verb
unaudited, adjective
well-audited, adjective
Examples from the web for auditing
  • If there are none, then the proper motion is to refer it to an auditing committee to be appointed by the chair.
  • Perhaps some funding should be given to develop subsidy auditing to measure the efficiency of government investment in research.
  • auditing the process and ensuring that results are tangible is impossible.
  • The preferred method is a type of auditing software that makes it easier to spy on the spies.
  • The ticket, which contains no identifying information about the voter, remains in the polling place for auditing purposes.
  • auditing of production records, critics say, would not resolve compliance concerns because such records can be falsified.
  • But he said grievances can be addressed through education campaigns, and regular auditing has reduced fraud.
  • There has been no really independent auditing of the effectiveness or progress.
  • They must take steps to minimize the risk of pathogens invading at these points, after which they undergo government auditing.
  • He tallies up such an thorough inventory of the rebel arsenal that he's practically auditing their quartermasters.
British Dictionary definitions for auditing

audit

/ˈɔːdɪt/
noun
1.
  1. an inspection, correction, and verification of business accounts, conducted by an independent qualified accountant
  2. (as modifier): audit report
2.
(US) an audited account
3.
any thoroughgoing check or examination
4.
(archaic) a hearing
verb
5.
to inspect, correct, and certify (accounts, etc)
6.
(US & Canadian) to attend (classes, etc) as an auditor
Word Origin
C15: from Latin audītus a hearing, from audīre to hear
Word Origin and History for auditing

audit

n.

early 15c., from Latin auditus "a hearing," past participle of audire "hear" (see audience). Official examination of accounts, which originally was an oral procedure.

v.

mid-15c., from audit (n.). Related: Audited; auditing.

auditing in Culture

audit definition


The examination by an outside party of the accounts of an individual or corporation.