What does Audit mean?

Definitions for Auditˈɔ dɪt

Here are all the possible meanings and translations of the word Audit.

Princeton's WordNet

  1. audited account, audit(noun)

    an inspection of the accounting procedures and records by a trained accountant or CPA

  2. audit(verb)

    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"

  3. audit, scrutinize, scrutinise, inspect(verb)

    examine carefully for accuracy with the intent of verification

    "audit accounts and tax returns"

  4. audit(verb)

    attend academic courses without getting credit

Wiktionary

  1. audit(Noun)

    An examination in general.

  2. audit(Noun)

    A judicial examination.

  3. audit(Noun)

    An independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures

    National Assembly audit

  4. audit(Noun)

    Spiritual counseling, which forms the core of Dianetics.

  5. audit(Verb)

    To conduct an independent review and examination of system records and activities in order to test the adequacy and effectiveness of data security and data integrity procedures, to ensure compliance with established policy and operational procedures, and to recommend any necessary changes

  6. audit(Verb)

    To attend an academic class on a not-for-academic-credit basis.

  7. Origin: From auditus, from audio.

Webster Dictionary

  1. Audit(adj)

    an audience; a hearing

  2. Audit(adj)

    an examination in general; a judicial examination

  3. Audit(adj)

    the result of such an examination, or an account as adjusted by auditors; final account

  4. Audit(adj)

    a general receptacle or receiver

  5. Audit(verb)

    to examine and adjust, as an account or accounts; as, to audit the accounts of a treasure, or of parties who have a suit depending in court

  6. Audit(verb)

    to settle or adjust an account

  7. Origin: [L. auditus a hearing, fr. audire. See Audible, a.]

Freebase

  1. Audit

    The general definition of an audit is an evaluation of a person, organisation, system, process, enterprise, project or product. The term most commonly refers to audits in accounting, internal auditing, and government auditing, but similar concepts also exist in project management, quality management, water management, and energy conservation. Auditing is defined as a systematic and independent examination of data, statements, records, operations and performances of an enterprise for a stated purpose. In any auditing the auditor perceives and recognizes the propositions before him for examination, collects evidence, evaluates the same and on this basis formulates his judgment which is communicated through his audit report.

Chambers 20th Century Dictionary

  1. Audit

    awd′it, n. an examination of accounts by one or more duly authorised persons: a calling to account generally: a statement of account: (obs.) a periodical settlement of accounts: (obs.) audience, hearing.—v.t. to examine and verify by reference to vouchers, &c.—ns. Audi′tion, the sense of hearing: the act of hearing: (rare) something heard; Aud′itor, a hearer: one who audits accounts:—fem. Aud′itress; Auditōr′ium, in an opera-house, public hall, or the like, the space allotted to the hearers: the reception-room of a monastery; Aud′itorship.—adj. Aud′itory, relating to the sense of hearing.—n. an audience: a place where lectures, &c., are heard.—Audit ale, an ale of special quality brewed for some Oxford and Cambridge colleges; orig. for use on the day of audit. [L. auditus, a hearing—audīre, to hear. See Audible.]

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'Audit' in Spoken Corpus Frequency: #4297

  2. Written Corpus Frequency

    Rank popularity for the word 'Audit' in Written Corpus Frequency: #3775

  3. Nouns Frequency

    Rank popularity for the word 'Audit' in Nouns Frequency: #1628

Numerology

  1. Chaldean Numerology

    The numerical value of Audit in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of Audit in Pythagorean Numerology is: 1

Sample Sentences & Example Usage

  1. Raymond Engena:

    It's our intelligence unit and audit that discovered a large amount of ivory was missing, We have asked security agencies to investigate. As investigations go on, we have told these five people to step aside.

  2. Prime Minister Brigi Rafini:

    Some representatives of political parties wanted an audit of certain aspects of the register. We have agreed for a team to define the terms of the audit by Dec. 18 at the latest, the register, once it is finalised, will be a consensus document that will permit us to move towards a peaceful, calm and transparent election.

  3. The IRS:

    The IRS has strong protections in place to ensure that exempt organizations are selected for audit only for the purpose of enforcing the federal tax laws with fairness and integrity, no internal or external review conducted to date has found any indication that an exempt organization has been improperly selected for audit.

  4. Bill Clark:

    The cost and time needed to complete an audit is the issue that I see as a problem, early stage startups have limited financials and going through the audit process that early on in a company takes a lot of time, is expensive and doesn’t accomplish as much as an audit later in a company's life would when they have more going on with revenue and expenses.

  5. Trey Gowdy:

    While the emails have never been the focus of our investigation, it was necessary to obtain them, and this committee is the first and only one to do so, if anyone wonders why the investigation is not yet complete, the malfeasance and numerous problems identified in this report are Exhibit A, and prove the committee has faced serial delays from day one at the hands of public officials who sought to avoid transparency and accountability. Congressional Democrats spent most of the day on Wednesday playing down the State Department audit. House Minority Leader Nancy Pelosi, D-Calif., said Secretary Clinton had acted in good conscience and that Secretary Clinton email practices were consistent with what past secretaries of state had done. The audit did not name any other secretaries who had done so. Rep. Elijah E. Cummings of Maryland, ranking Democrat on the House oversight committee, accused Republicans of attacking Secretary Clinton only because Secretary Clinton is the front-runner for the Democratic presidential nomination.

Images & Illustrations of Audit

  1. AuditAuditAudit


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