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audit - Dictionary definition and meaning for audit

AUDIT

  • (noun) a methodical examination or review of a condition or situation

    "he made an audit of all the plants on his property", "an energy efficiency audit", "an email log audit"

  • (noun) an inspection of the accounting procedures and records by a trained accountant or CPA

    synonyms : audited account

    The accountant arrived to check the company’s financial audit. -added by naila_inlas

  • (verb) attend academic courses without getting credit

    She was auditing three literature courses this semester. -added by naila_inlas

  • (verb) examine carefully for accuracy with the intent of verification

    "audit accounts and tax returns"

    synonyms : inspect , scrutinise , scrutinize

    "The documents were scrutinized before submission" -added by sradha_inlas

WordNet® 3.0, © 2006 by Princeton University.

Selected Mnemonic for audit

  • (Tag: Global) audit ~ add it; you do a lot of addition and subtraction while auditing.

    added by editor1


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