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audit

Pronunciation: [/ˈɔ.dɪt/]

Word

audit: meanings and example sentences

Learn how to use audit in a sentence: 6 audio examples across 2 meanings.

Context: “finance”

(noun) an official inspection of an individual's or organization's financial accounts by an independent body to ensure accuracy and compliance with regulations.

Example

The company hired an audit firm to conduct a thorough audit of their financial records.

Example

The audit revealed several discrepancies in the company's financial statements.

Example

Have you completed the audit of the company's financial statements yet?

Context: “finance”

(verb) to conduct an official examination of an individual's or organization's financial accounts to validate accuracy and compliance with regulations.

Example

The accountant will audit the company's financial statements next week.

Example

The IRS decided to audit the company's tax returns for the past five years.

Example

Why did they choose to audit the financial accounts of the organization?

How to pronounce audit

Pronunciation: [/ˈɔ.dɪt/]

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