audit Definition and Meaning in English (audit definition)
nounAudit definition: An official inspection of an organization's accounts, typically by an independent body, to verify their accuracy and compliance.
Definitions of Audit
- 1noun
An official inspection of an organization's accounts, typically by an independent body, to verify their accuracy and compliance.
- 2verb
To conduct an official financial inspection of a company or its accounts to ensure compliance and accuracy.
Example Sentences
“The company undergoes an annual audit to ensure financial transparency.”
“The auditors will audit the books next week.”
Synonyms
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Phrases & Idiomatic Expressions
An examination of a company's financial records by its own staff.
An examination of a company's financial records by an independent third party.
A formal document detailing the findings of an audit.
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