English

Definition of audit verb from the Oxford Advanced Learner's Dictionary

     

    audit

     verb
    verb
    BrE BrE//ˈɔːdɪt//
     
    ; NAmE NAmE//ˈɔːdɪt//
     
    Verb Forms present simple I / you / we / they audit
    BrE BrE//ˈɔːdɪt//
     
    ; NAmE NAmE//ˈɔːdɪt//
     
    he / she / it audits
    BrE BrE//ˈɔːdɪts//
     
    ; NAmE NAmE//ˈɔːdɪts//
     
    past simple audited
    BrE BrE//ˈɔːdɪtɪd//
     
    ; NAmE NAmE//ˈɔːdɪtɪd//
     
    past participle audited
    BrE BrE//ˈɔːdɪtɪd//
     
    ; NAmE NAmE//ˈɔːdɪtɪd//
     
    -ing form auditing
    BrE BrE//ˈɔːdɪtɪŋ//
     
    ; NAmE NAmE//ˈɔːdɪtɪŋ//
     
    Running a business
     
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  1. 1audit something to officially examine the financial accounts of a company We have just had our accounts audited. The National Audit office is responsible for auditing the accounts of a wide range of bodies. See related entries: Running a business
  2. 2audit something (North American English) to attend a course at college or university but without taking any exams or receiving credit She audited classes at the University of California.
  3. Word Origin late Middle English: from Latin auditus ‘hearing’, from audire ‘hear’, in medieval Latin auditus (compoti) ‘audit (of an account)’, an audit originally being presented orally.
See the Oxford Advanced American Dictionary entry: audit