- 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
Examples from the Web for auditing
Which is more responsible: too big to fail, or auditing the Fed?The GOP Flees to the Cleve
July 9, 2014
Do you really trust the people who are tapping your phone and auditing your taxes to take over your medical records?IRS, DOJ, and Benghazi Expose Limits of Obama’s Big-Government Vision
May 15, 2013
Auditing is an integral part of advancement in the ranks of Scientology.Scientology Glossary: Thetans, Engrams, Sea Org, & More Key Terms
July 6, 2012
In the auditing process, adherents may disclose details of their personal life, and a record of the audit is placed in a file.
“There are no meaningful boundaries” in auditing, Ross said.
He returned to the smoking compartment, where the Backslid Baptist was auditing his tips.Lady Luck
And you can hide the discrepancy on your books from the auditing committee?The Landloper
He was blandly present sometimes at an auditing of accounts.At His Gates, Vol. 1(of 3)
The Government maintained an auditing organization at each job.America's Munitions 1917-1918
I have almost finished up this work of auditing and clearing the estate.Bohemian Days
Geo. Alfred Townsend
- 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 and History for auditing
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.