AUDIT

audit

(noun) 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”

audit

(verb) attend academic courses without getting credit

audit, scrutinize, scrutinise, inspect

(verb) examine carefully for accuracy with the intent of verification; “audit accounts and tax returns”

Source: WordNet® 3.1


Etymology

Noun

audit (plural audits)

A judicial examination.

An examination in general.

An independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures

The result of such an examination, or an account as adjusted by auditors; final account.

(Scientology) Spiritual counseling, which forms the core of Dianetics.

(obsolete) A general receptacle or receiver.

(obsolete) An audience; a hearing.

Verb

audit (third-person singular simple present audits, present participle auditing, simple past and past participle audited)

To examine and adjust (e.g. an account).

(finance, business) To conduct an independent review and examination of system records and activities in order to test the adequacy and effectiveness of data security and data integrity procedures, to ensure compliance with established policy and operational procedures, and to recommend any necessary changes

(Scientology) To counsel spiritually.

To attend an academic class on a not-for-academic-credit basis.

Anagrams

• ditau

Source: Wiktionary


Au"dit, n. Etym: [L. auditus a hearing, fr. audire. See Audible, a.]

1. An audience; a hearing. [Obs.] He appeals to a high audit. Milton.

2. An examination in general; a judicial examination.

Note: Specifically: An examination of an account or of accounts, with the hearing of the parties concerned, by proper officers, or persons appointed for that purpose, who compare the charges with the vouchers, examine witnesses, and state the result.

3. The result of such an examination, or an account as adjusted by auditors; final account. Yet I can make my audit up. Shak.

4. A general receptacle or receiver. [Obs.] It [a little brook] paid to its common audit no more than the revenues of a little cloud. Jer. Taylor. Audit ale, a kind of ale, brewed at the English universities, orig. for the day of audit.

– Audit house, Audit room, an appendage to a cathedral, for the transaction of its business.

Au"dit, v. t. [imp. & p. p. Audited; p. pr. & vb. n. Auditing.]

Definition: To examine and adjust, as an account or accounts; as, to audit the accounts of a treasure, or of parties who have a suit depending in court.

Au"dit, v. i.

Definition: To settle or adjust an account. Let Hocus audit; he knows how the money was disbursed. Arbuthnot.

Source: Webster’s Unabridged Dictionary 1913 Edition



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