The meaning of AUDIT is a formal examination of an organization's or individual's accounts or financial situation. How to use audit in a sentence.

May 28, 2025 · An audit is an unbiased examination of the financial statements of an individual or organization. Three main types are external audits, internal audits, and IRS audits.

Auditing is defined as the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an …

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 …

AUDIT definition: 1. to make an official examination of the accounts of a business and produce a report 2. to go to a…. Learn more.

AUDIT definition: an official examination and verification of accounts and records, especially of financial accounts. See examples of audit used in a sentence.

Sep 11, 2025 · An audit provides a high level of assurance by thoroughly testing transactions, verifying balances, and assessing internal controls. A review, on the other hand, offers only …

Definition of audit noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

Nov 13, 2025 · Audit meaning: an audit is a formal, independent check of a company’s financial records, processes, or operations to make sure information is accurate, complete, and …

An audit is an official inspection of a company's, person's, or any organization's accounts. It is usually done by an independent auditor.