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.

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.

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 with a view to express an opinion thereon."

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 entire organization or might be specific to a function, process, or production step.

2024年6月2日 · 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.

An audit is an inspection, correction, and verification of business accounts, conducted by an independent qualified accountant. The bank first learned of the problem when it carried out an internal audit.

AUDIT meaning: 1 : a complete and careful examination of the financial records of a business or person; 2 : a careful check or review of something

a report or statement reflecting an audit; a final statement of account. the inspection or examination of a building or other facility to evaluate or improve its appropriateness, safety, …

An examination of records or financial accounts to check their accuracy. 2. An adjustment or correction of accounts. 3. An examined and verified account. 4. A thorough examination or evaluation: an audit of water use. 1. To examine, verify, or correct the financial accounts of: Independent accountants audit the company annually.

What is Auditing? Auditing typically refers to financial statement audits or an objective examination and evaluation of a company’s financial statements – usually performed by an external third party.