audit (B2)
noun
Pronunciation: /ˈɔːdɪt/
Definition
An official inspection of an organization's accounts, typically by an independent body, to verify their accuracy and compliance with regulations.
Examples
The charity's annual audit revealed no financial irregularities.
An independent auditor was hired to conduct the financial audit.
The company is preparing for its upcoming tax audit.
How to Use audit
- audit of (prepositional phrase)
- An inspection or examination of a specific area or subject. — "The audit of the project's budget revealed significant overspending."
- audit committee (collocation)
- A committee responsible for overseeing financial reporting and auditing processes. — "The audit committee met quarterly to review financial statements."
Synonyms of audit
Words with a similar meaning to audit:
Antonyms of audit
Words with the opposite meaning to audit:
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