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audit

Pronunciation: /ˈɔːdɪt/
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Definition of audit

noun

  • an official inspection of an organization’s accounts, typically by an independent body: audits can’t be expected to detect every fraud
  • a systematic review or assessment of something:a complete audit of flora and fauna at the site

verb (audits, auditing, audited)

[with object]
  • 1conduct an official financial inspection of (a company or its accounts):unlimited companies must also have their accounts audited
  • conduct a systematic review of:a method of auditing obstetric and neonatal care
  • 2North American attend (a class) informally, without working for credit: he made use of the knowledge gleaned from economics classes he audited

Derivatives

auditability

noun

auditable

adjective

Origin:

late Middle English: from Latin auditus 'hearing', from audire 'hear', in medieval Latin auditus (compoti) 'audit (of an account)', an audit originally being presented orally

audit in other Oxford dictionaries

Definition of audit in the US English dictionary