
AUDIT Definition & Meaning - Merriam-Webster
The meaning of AUDIT is a formal examination of an organization's or individual's accounts or financial situation. How to use audit in a sentence.
Audit - Wikipedia
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted …
What is an Audit? - Types of Audits & Auditing Certification | ASQ
Auditing is defined as the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an …
Audit: Meaning in Finance and Accounting and 3 Main Types
May 28, 2025 · An audit is an unbiased examination of the financial statements of an individual or organization. Three main types are external audits, internal audits, and IRS audits.
Audit - Overview, How It Works, Stages and Levels
An audit refers to an examination of the financial statements of a company. Audits are conducted to provide investors and other stakeholders with confidence that a company’s financial reports …
What Is an Audit? (With Definition, Types and Purposes)
Jun 6, 2025 · An audit is a detailed examination or inspection of a company's or individual's financial records and accounting documents. Although most audits are performed on …
AUDIT | English meaning - Cambridge Dictionary
AUDIT definition: 1. to make an official examination of the accounts of a business and produce a report 2. to go to a…. Learn more.
audit | Wex | US Law | LII / Legal Information Institute
An audit (noun) is a formal examination and verification of an individual’s or organization’s records and accounts, finances, or compliance with a set of standards.
Audit definition — AccountingTools
Sep 11, 2025 · An audit provides a high level of assurance by thoroughly testing transactions, verifying balances, and assessing internal controls. A review, on the other hand, offers only …
What is an audit? Definition and examples - Market Business News
An audit is an official inspection of a company's, person's, or any organization's accounts. It is usually done by an independent auditor.