noun
- an official examination of financial records or accounts
- a systematic review or assessment of something
verb
- to conduct an official examination of financial records or accounts
- to attend a class without receiving credit
Usage: academic
Examples
- The company hired an external firm to conduct the annual audit.
- The IRS decided to audit his tax returns from last year.
- She chose to audit the philosophy course rather than take it for credit.
- The security audit revealed several vulnerabilities in the system.
- An energy audit can help homeowners reduce their utility bills.
- The auditors found discrepancies in the financial statements.
- The government will audit the department’s spending practices.