Meaning Of The Word Audit

Real Dictionary

What's the definition of Audit? Find Audit meanings, definitions and more at the Real Dictionary online.

Audit Meaning

Audit Definition
Audit Definition

What's The Definition Of Audit?

audit
verb: When an accountant audits an organization's accounts, he or she examines the accounts officially in order to make sure that they have been done correctly.

audit in Accounting 1
noun: An audit is an inspection of business accounts that is carried out by an accountant in order to make sure that they are correct.

audit in Accounting 2
verb: When an accountant audits business accounts, he or she examines them officially in order to make sure that they are correct.

audit in American English
a formal, often periodic examination and checking of accounts or financial records to verify their correctness
to examine and check (accounts, claims, etc.)
intransitive verb: to examine and verify an account or accounts by reference to vouchers
noun: an official examination and verification of accounts and records, esp. of financial accounts
transitive verb: to make an audit of; examine (accounts, records, etc.) for purposes of verification

audit in British English
noun: an inspection, correction, and verification of business accounts, conducted by an independent qualified accountant
verb: to inspect, correct, and certify (accounts, etc)

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