audit Definition
- 1an official inspection of an organization's accounts, typically by an independent body
- 2a systematic review or assessment of something
Using audit: Examples
Take a moment to familiarize yourself with how "audit" can be used in various situations through the following examples!
Example
The company's accounts were subjected to an audit.
Example
The government ordered an audit of the department's spending.
Example
The safety audit revealed several violations of regulations.
audit Synonyms and Antonyms
Synonyms for audit
Phrases with audit
Example
The business owner was nervous about the upcoming tax audit.
an audit conducted by an organization's own employees or accountants to ensure compliance with policies and procedures
Example
The company's internal audit revealed several areas where improvements could be made.
an audit that evaluates the efficiency and effectiveness of an organization's operations
Example
The government agency commissioned a performance audit of the healthcare system.
Origins of audit
from Latin 'audire', meaning 'to hear'
Summary: audit in Brief
An 'audit' [ˈɔːdɪt] is an official inspection of an organization's accounts, typically by an independent body, or a systematic review or assessment of something. It can take various forms, such as a tax audit, internal audit, or performance audit. 'Audit' is often used in formal contexts, and synonyms include 'examination,' 'inspection,' 'review,' 'check,' and 'scrutiny.'
