audit

An audit is a thorough counting, review, or assessment of a situation or collection of things. Before baking cookies, you'd better make an audit of the ingredients available to see whether there is enough sugar and butter.

The most common use of the word audit is with the Internal Revenue Service, which sometimes performs an audit of a taxpayer’s finances to see whether that taxpayer has accurately reported his or her income. It can also be used in this context as a verb. It's easy to get nervous if the IRS is planning to audit you! You can also audit a class if you attend but don't pay for it. Just don't think that you'll get credit towards graduation from that.

Primary Meanings of audit

1.
vn
examine carefully for accuracy with the intent of verification
a methodical examination or review of a condition or situation
2.
v
attend academic courses without getting credit
Full Definitions of audit
1

v examine carefully for accuracy with the intent of verification

audit accounts and tax returns”
Synonyms:
inspect, scrutinise, scrutinize
Type of:
analyse, analyze, canvas, canvass, examine, study
consider in detail and subject to an analysis in order to discover essential features or meaning

n a methodical examination or review of a condition or situation

“he made an audit of all the plants on his property”
“an energy efficiency audit
“an email log audit
Type of:
examination, scrutiny
the act of examining something closely (as for mistakes)

n an inspection of the accounting procedures and records by a trained accountant or CPA

Synonyms:
audited account
Types:
financial audit
an attestation that the client's financial statement is accurate
limited audit
an audit of limited scope (limited in time span or confined to particular accounts etc.)
Type of:
accounting, accounting system, method of accounting
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
2

v attend academic courses without getting credit

Type of:
learn, read, study, take
be a student of a certain subject

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