audit
- noun
- /ˈɔːdɪt/
- Formal
- The accountant will conduct an audit of the company's financial records next week.
- financial audit
- annual audit
- external audit
So they want they want to beef up IRS audits so we'd have more compliance.
- So they want they want to beef up IRS audits so we'd have more compliance.
- So if you get an IRS or if you get an IRS audit letter, please do not panic.
- We've had our new financial audit follow up channel.
- So the downside of that is it's more involved than an audit by mail.
- You will need to have the bridge report access prior to scheduling your audit.
- OK, going to the in person audit.
- In March this year, Wirecard's auditor was unable to conclude the audit.
- I can't understand why what he did and what's very disturbing is that the, the, the, the audit committee of AI GS Board knew that and did nothing about it.
- They left the property like six months later, the ATF is doing an audit.
- And so the single member LLC of itself isn't the audit risk, it's the filing on a Schedule C, which is generally where a single member LLC's are filed.
- We got to do an audit, you know, and everything, OK.
- Right then in the audit, I'm also kind of going to that next level this year.
- There's been a push as well to improve audits.
- And I hope and pray that the audit, the audit turns up.
Examples
-
Businesses annually perform audits to determine if the financial reports fairly reflect the organization's financial position.
Academic text (1991) -
Our audit puts the cost of this trip at over $30,000.
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Did the audit find anything like this?
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Have you run an audit on her books yet?
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Schedule your free audit in three easy steps.
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Require a curriculum audit, just as a financial audit is required at least every two years.
Academic text (1992) -
Does the Prime Minister dispute the National Audit Office findings?
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We're here to conduct an audit on a Mr. David Clark.
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We came through our annual audit in sterling condition: there was not a single adjustment to our books.
Academic text (1996) -
The bad news is that the IRS requested an audit of your income from this office.
Synonyms
A careful official check to see if something meets rules and is safe
An official check of a company's financial records to make sure they are correct and follow the law
Compounds
- Formal
An official check of a company's financial records to make sure they are correct and follow the law
- Specialized
Computer software that collects logs and makes reports for checking accounts and systems
- Specialized
A check of how a company finds, stores, and uses information to make it better
How Closely
- Specialized
- Formal
- Formal
- Specialized
Surface Forms
Etymology
Audit comes from the Latin audire 'to hear' and has the same root as audio, because auditors once listened to people reading their money records aloud; that listening turned into the idea of checking the records. That's why an audit now often means an official check of an organisation's financial accounts.