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  1. Dictionary
    audit
    /ˈɔːdɪt/

    noun

    • 1. an official inspection of an organization's accounts, typically by an independent body: "audits can't be expected to detect every fraud"

    verb

    • 1. conduct an official financial inspection of (a company or its accounts): "unlimited companies must also have their accounts audited"
    • 2. attend (a class) informally, without working for credit: North American "he made use of the knowledge gleaned from economics classes he audited"

    More definitions, origin and scrabble points

  2. audit. noun [ C ] uk / ˈɔː.dɪt / us / ˈɑː.dɪt / an official examination of the accounts of a business:

  3. en.wikipedia.org › wiki › AuditAudit - Wikipedia

    An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon." [1] .

  4. The meaning of AUDIT is a formal examination of an organization's or individual's accounts or financial situation. How to use audit in a sentence.

  5. an official examination and verification of accounts and records, esp. 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.

  6. Auditing is defined as the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an entire organization or might be specific to a function, process, or production step.

  7. Jun 2, 2024 · An audit is an unbiased examination of the financial statements of an individual or organization. Three main types are external audits, internal audits, and IRS audits.

  8. Auditing typically refers to financial statement audits or an objective examination and evaluation of a company’s financial statements – usually performed by an external third party. Audits can be performed by internal parties and a government entity, such as the Internal Revenue Service (IRS).

  9. noun. 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:

  10. Noun. AUDIT definition: an examination of all the financial records of a company by an independent person in order to…. Learn more.

  11. An audit is an examination of the financial statements of a company, such as the income statement, cash flow statement, and balance sheet. Audits provide investors and regulators with confidence in the accuracy of a corporation’s financial reporting.