What does audits mean?

Definitions for audits
au·dits

This dictionary definitions page includes all the possible meanings, example usage and translations of the word audits.


Did you actually mean audacious or attica?

Wikipedia

  1. Audits

    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".

Editors Contribution

  1. auditsnoun

    Plural noun and verb form of the word audit.

    The performance audits take place regularly every month.


    Submitted by MaryC on April 18, 2020  

How to pronounce audits?

How to say audits in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of audits in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of audits in Pythagorean Numerology is: 2

Examples of audits in a Sentence

  1. Ken Rubin:

    I can tell you that when I first applied in the early '80s for air inspection reports and audits, I used to get them, they became less accessible.

  2. Tarren Bragdon:

    The Zuckerberg funding is an unprecedented example of using government employees and government resources to put your finger on the scale, to affect the election outcome, it would be like giving private money to police departments to have officers do more stop and frisk in certain neighborhoods compared to other neighborhoods. It would be like giving money to the tax department to do increased audits in certain zip codes or neighborhoods versus other neighborhoods.

  3. Mandeep Mehra:

    I eagerly await word from the independent audits, the results of which will inform any further action.

  4. Danny Werfel:

    We have years ahead of us where we will be 100% focused on building capacity for higher income individuals and corporations. During this time, the audit rates of average taxpayers will not increase, people who get W-2s or Social Security payments, or have a small business, should not be worried about some new wave of IRS audits. We’re taking that off the table.

  5. Geoff Burgan:

    If Trump's influence had truly died out on January 21st, 2021, you might see a very different campaign today, but what we know is that Donald Trump and a lot of Republicans, including the statewide ticket in Virginia, have doubled down on the Big Lie, sham audits and questioning the fundamentals of democracy.

Popularity rank by frequency of use

audits#10000#11980#100000

Translation

Find a translation for the audits definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"audits." Definitions.net. STANDS4 LLC, 2024. Web. 19 Mar. 2024. <https://www.definitions.net/definition/audits>.

Discuss these audits definitions with the community:

0 Comments

    Are we missing a good definition for audits? Don't keep it to yourself...

    Image or illustration of

    audits

    Credit »

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    showing intellectual penetration or emotional depth
    A plush
    B squashy
    C hatched
    D profound

    Nearby & related entries:

    Alternative searches for audits: