Definition of “audit” - 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)

auditverb [ T ]

us /ˈɔ·dɪt/

audit verb [ T ] (BE AT CLASS)

to go regularly to a class without being formally involved 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 /ˈɔːdɪt/ us

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 district auditor.
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 official examination 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 internal quality audit.
Managers should undertake an audit of staff performance.
an independent audit of needs and facilities
The whole process is subject to audit and inspection.

auditverb [ T ]

uk /ˈɔːdɪt/ us

ACCOUNTING to make an official examination 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 qualified accountant.

to make an official examination of the quality or condition of something:

Our operations are regularly audited.
be independently/externally audited Our quality system is independently audited by an approved certification body.

(Definition of “audit” from the Cambridge Business English Dictionary © Cambridge University Press)