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audit

noun, verb, noun_verb B2
MEANING IN ENGLISH

An official examination and verification of financial records; to examine financial accounts officially.; to examine and verify financial records or accounts officially

A formal examination of accounts or processes to ensure accuracy and compliance.

In context

01

The firm undergoes an independent financial audit each year.

02

The external audit revealed no accounting errors.

Synonyms

inspection,examination,scrutiny

Antonyms

ignore,overlook,neglect

Collocations

financial audit,internal audit,external audit

Verb forms

Past: audited · Past participle: audited · -ing: auditing

Sources

Bidyazo vocabulary library ↗