audit Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “audit” in the English Dictionary

"audit" in British English

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(Definition of audit from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"audit" in American English

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auditnoun [C]

 us   /ˈɔ·dɪt/
  • audit noun [C] (EXAMINATION)

an ​officialexamination of ​records: The ​agency is ​subject to ​regularfinancial audits.

auditverb [T]

 us   /ˈɔ·dɪt/
  • audit verb [T] (BE AT CLASS)

to go ​regularly to a ​class without being ​formallyinvolved in it: I audited some of her ​seminars.
(Definition of audit from the Cambridge Academic Content Dictionary © Cambridge University Press)

"audit" in Business English

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auditnoun [C or U]

uk   us   /ˈɔːdɪt/
ACCOUNTING an ​examination of the ​accounts of a ​business, usually by ​experts from outside the ​business: A full audit is ​performed each ​year by a ​districtauditor. We ​conducted an audit of the ​accounts for the ​year 2009/10. Companies must ​issue a ​statutory audit ​report.an audit committee/firm/team Members of the audit ​committee must be ​independent.
an ​officialexamination of the ​quality or ​condition of something: complete/conduct/do/undertake an audit We ​conduct an annual audit to ensure that we ​comply with ​standards.a performance/quality/skills audit Departments must ​carry out an ​internalquality audit. Managers should ​undertake an audit ofstaffperformance. an independent audit of ​needs and ​facilities The whole ​process is ​subject to audit and ​inspection.

auditverb [T]

uk   us   /ˈɔːdɪt/
ACCOUNTING to make an ​officialexamination of the ​accounts of a ​business and ​produce a ​report: The ​accounts are audited ​annually.have sth audited They had the ​books audited by a ​qualifiedaccountant.
to make an ​officialexamination of the ​quality or ​condition of something: Our ​operations are ​regularly audited.be independently/externally audited Our ​qualitysystem is ​independently audited by an ​approvedcertification body.
(Definition of audit from the Cambridge Business English Dictionary © Cambridge University Press)
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“audit” in British English

“audit” in American English

“audit” in Business English

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