audit Meaning, Definition & Usage
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noun an inspection of the accounting procedures and records by a trained accountant or CPA
audited account.
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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
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verb examine carefully for accuracy with the intent of verification
scrutinize; inspect; scrutinise.
- audit accounts and tax returns
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verb attend academic courses without getting credit
WordNet
Au"dit noun
Etymology
L.Definitions
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An audience; a hearing. Obs.He appeals to a high audit. Milton.
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An examination in general; a judicial examination. Specifically: An examination of an account or of accounts, with the hearing of the parties concerned, by proper officers, or persons appointed for that purpose, who compare the charges with the vouchers, examine witnesses, and state the result. -
The result of such an examination, or an account as adjusted by auditors; final account. Yet I can make my audit up. Shak.
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A general receptacle or receiver. Obs.It [a little brook] paid to its common audit no more than the revenues of a little cloud. Jer. Taylor.
Au"dit transitive verb
Wordforms
Definitions
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
Au"dit intransitive verb
Definitions
To settle or adjust an account. Let Hocus audit; he knows how the money was disbursed. Arbuthnot.