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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 of audit
late Middle English
1400-1450
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
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2016.
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Examples from the Web for auditing
Contemporary Examples
Historical Examples
  • She had commented frequently on his firm, legible script when auditing his accounts in company with her brother.

    The Song of the Wolf Frank Mayer
  • He returned to the smoking compartment, where the Backslid Baptist was auditing his tips.

    Lady Luck Hugh Wiley
  • In the former capacity the duty was imposed upon him of taking part in the auditing of his own accounts.

  • And you can hide the discrepancy on your books from the auditing committee?

    The Landloper Holman Day
  • It would make accounting and auditing a subordinate factor in discovering the meaning of present activity.

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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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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.

Online Etymology Dictionary, © 2010 Douglas Harper
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auditing in Culture

audit definition


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

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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10
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