audit

[ aw-dit ]

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)

1. 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.

2. to attend (classes, lectures, etc.) as an auditor.
3. to make an audit of (a building or other facility) to evaluate or improve its safety, efficiency, or the like.

verb (used without object)

1. to examine and verify an account or accounts by reference to vouchers.

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. an audited account
3. any thoroughgoing check or examination
4. archaic.
   a hearing

verb

1. to inspect, correct, and certify (accounts, etc)
2. to attend (classes, etc) as an auditor

audit

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

Other Words From

• audit·a·ble adjective
• re·audit noun verb
• un·audit·ed adjective
• well-audit·ed adjective

Word History and Origins

Origin of audit¹

First recorded in 1400–50; late Middle English audite, from Latin audītus “the sense or act of hearing,” noun derivative of audīre “to hear”

Word History and Origins

Origin of audit¹

C15: from Latin audītus a hearing, from audīre to hear

Example Sentences

According to an audit covering the period from July 2017 to June 2018, the agency collected about $200,000 more in rent from public housing properties than it did in the previous year.

From ProPublica

No technical audit was performed and no legacy issues were addressed prior to the move.

From Search Engine Land

A recently released audit found Sweetwater officials deliberately covered up the district’s financial problems.

From Voice of San Diego

The audit also showed the agency failed to investigate one of 10 complaints reviewed by auditors and understaffed its advisory committee to the point where it couldn’t reach a quorum during any of its meetings for the last several years.

From Voice of San Diego

After the site audit, you can get rid of duplicates, speed up the download of the site, identify affiliates, and solve other problems.

From Search Engine Watch

“We have a detailed audit system that tracks the life cycle of an evidentiary item for record-keeping purposes,” she said.

From The Daily Beast

Overall, some evidence of scheduling fraud was found in 76 percent of the 731 VA facilities reviewed for the audit.

From The Daily Beast

Sen. Jerry Moran, a Republican from Kansas, called the VA-directed audit “more damage control than solving the problem.”

From The Daily Beast

If Sterling claimed benefits under Section 1033, the IRS would undoubtedly audit him.

From The Daily Beast

The agency's audit concluded that the Senate staffers using the database had accessed documents they were not authorized to see.

From The Daily Beast

For a "cold collation on the occasion of the audit" our Council always allows 10.

From Project Gutenberg

For it would have been indecent, and perhaps illegal, that he should audit his own accounts.

From Project Gutenberg

Bartholomew is honest enough; but either he has won some money, or he really does not want the drawback at audit.

From Project Gutenberg

It therefore contained barrels of very prime wine and very strong audit ale.

From Project Gutenberg

A copy of the accounts has to be deposited for public inspection for seven days before the audit.

From Project Gutenberg

Related Words

• analyze
• examine
• investigate
• scrutinize
• verify