audit
Noun · VerbOpen English WordNet
Noun (2)
- an inspection of the accounting procedures and records by a trained accountant or CPASynonyms: audited accountType of accounting, accounting systemKinds financial audit, limited auditParts bottom line
- a methodical examination or review of a condition or situation“he made an audit of all the plants on his property”“an energy efficiency audit”“an email log audit”Type of examination, scrutinyKinds information audit
Verb (2)audited, auditing
- examine carefully for accuracy with the intent of verification“audit accounts and tax returns”Synonyms: scrutinizescrutiniseinspectMore general analyze, analyse
- attend academic courses without getting creditMore general learn, study
What does it mean? Question 1 of today’s quiz
Webster's Dictionary (1913)
Origin: L. auditus a hearing, fr. audire. See Audible, adjective
1. An audience; a hearing. obsolete
He appeals to a high audit.— John Milton
2. An examination in general; a judicial examination.
Specifically: An examination of an account or of accounts, with the hearing of the parties concerned, by proper officers, or persons appointed for that purpose, who compare the charges with the vouchers, examine witnesses, and state the result.
3. The result of such an examination, or an account as adjusted by auditors; final account.
Yet I can make my audit up.— William Shakespeare
4. A general receptacle or receiver. obsolete
It [a little brook] paid to its common audit no more than the revenues of a little cloud.— Taylor, Jeremy
Audit ale, a kind of ale, brewed at the English universities, orig. for the day of audit. — Audit house, Audit room, an appendage to a cathedral, for the transaction of its business.
To examine and adjust, as an account or accounts; as, to audit the accounts of a treasure, or of parties who have a suit depending in court.
To settle or adjust an account.
Let Hocus audit; he knows how the money was disbursed.— John Arbuthnot
Webster’s Revised Unabridged Dictionary (1913), from GCIDE 0.54