audit definition

  • noun:
    • An examination of files or monetary reports to test their reliability.
    • An adjustment or modification of records.
    • An examined and validated account.
    • An examination generally speaking.
    • A judicial evaluation.
    • a completely independent review and study of files and tasks to assess the adequacy of system controls, assuring conformity with established guidelines and functional treatments, and recommend required alterations in settings, policies, or procedures
    • religious counseling, which forms the core of Dianetics.
    • An audience; a hearing.
    • An examination overall; a judicial assessment.
    • the consequence of such an examination, or a merchant account as adjusted by auditors; final account.
    • an over-all receptacle or receiver.
    • readers; hearing.
    • formal assessment and confirmation of records or claims; an examination into accounts or dealings with cash or residential property; particularly, an examination of accounts by correct officials, or people appointed for the purpose, whom compare the costs aided by the vouchers, examine witnesses, and condition the end result.
    • thus A calling to account; an examination into an individual's activities.
    • An account or a statement of account; a balance-sheet.
    • A periodical auditing or settlement of reports; thus, receipts; profits.
    • an inspection associated with accounting procedures and records by a trained accountant or CPA
    • a methodical evaluation or summary of a disorder or scenario
  • verb-transitive:
    • to look at, verify, or correct the monetary accounts of: Independent accountants audit the company annually. The IRS audits questionable income tax comes back.
    • to go to (a program) without asking for or getting scholastic credit.
    • to look at and adjust, as a free account or reports.
  • verb-intransitive:
    • To examine financial records.
    • To settle or adjust a merchant account.
  • verb:
    • To perform an independent review and examination of system records and tasks to test the adequacy and effectiveness of data protection and information stability treatments, assure conformity with set up policy and working processes, also to suggest any required changes
    • To attend an academic course on a not-for-academic-credit foundation.
    • attend educational courses without getting credit
    • examine carefully for precision using the intent of confirmation
  • others:
    • to help make audit of; examine and verify by reference to vouchers, as a free account or accounts: as, to audit the reports of a treasurer.
    • to look at in to the correctness of a free account; behave as an auditor.

Related Sources

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