Audit - definition, pronunciation, transcription

Amer.  |ˈɔːdɪt|  American pronunciation of the word audit
Brit.  |ˈɔːdɪt|  British pronunciation of the word audit

noun

- an inspection of the accounting procedures and records by a trained accountant or CPA
- a methodical examination or review of a condition or situation

verb

- examine carefully for accuracy with the intent of verification(syn: inspect, scrutinise, scrutinize)
- attend academic courses without getting credit

Examples

The audit showed that the company had mislead investors.

The Internal Revenue Service selected us for an audit.

You will need all your records if you are selected for audit by the IRS.

They audit the company books every year.

The Internal Revenue Service audited him twice in 10 years.

I audited an English literature class last semester.

Start with an audit of existing services within the community.

he made an audit of all the plants on his property

...he was feeling understandably antsy about the tax audit...

Word forms

verb
I/you/we/they: audit
he/she/it: audits
present participle: auditing
past tense: audited
past participle: audited
noun
singular: audit
plural: audits
See also:  WebsterWiktionaryLongman