What does Audited mean?
Definitions for Audited
au·dit·ed
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Audited.
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Wikipedia
audited
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, and evaluate the propositions in their auditing report.Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effectiveness of risk management, control, and governance over the subject matter. Auditing has been a safeguard measure since ancient times, and has since expanded to encompass so many areas in the public and corporate sectors that academics have started identifying an "Audit Society".
Webster Dictionary
Audited
of Audit
Editors Contribution
auditedverb
Verb form of the word audit.
The audited accounts were accurate, true and an honest account of activities of the business.
Submitted by MaryC on March 13, 2020
Numerology
Chaldean Numerology
The numerical value of Audited in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of Audited in Pythagorean Numerology is: 1
Examples of Audited in a Sentence
The whole thing is ludicrous, quite frankly. It is ludicrous, and this comes from a state party in Arizona that refused to be audited themselves on votes that were cast within their own party communications.
Donald Trump says he's being audited. I would think that would underscore the need to release those returns, he doesn't want to do it because presumably there is something in there that's bad.
We have been audited externally – and everything we have been audited about has come out with a good result. I am not saying we are perfect but I think we are as close to it as an organization can get.
Every price rise is an opportunity for investors to come out and better leave out of share market, but not before getting all accounts audited and holding stock brokers responsible for its involvement in misappropriation
If I am fortunate enough to be confirmed, the audit and compliance priorities will be focused on enhancing the IRS’ capabilities to ensure that America’s highest earners comply with applicable tax laws, if poor people are more likely to be audited than the wealthy, that is something I think potentially degrades public trust and needs to be addressed within the tax system.
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Translations for Audited
From our Multilingual Translation Dictionary
- gecontroleerdDutch
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"Audited." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/Audited>.
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