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Noun: audit  o-dit
  1. An inspection of the accounting procedures and records by a trained accountant or CPA
    "The company's audits were released to shareholders";
    - audited account
     
  2. A methodical examination or review of a condition or situation
    "an email log audit"; "he made an audit of all the plants on his property"; "an energy efficiency audit"
Verb: audit  o-dit
  1. Examine carefully for accuracy with the intent of verification
    "audit accounts and tax returns";
    - scrutinize, scrutinise [Brit], inspect
     
  2. Attend academic courses without getting credit
    "She audited several art history classes out of personal interest"

Derived forms: audited, audits, auditing

Type of: accounting, accounting system, analyse [Brit, Cdn], analyze [N. Amer], canvass, examination, examine, learn, method of accounting, read, scrutiny, study, take

Encyclopedia: Audit, Reporting and Governance Authority