audit
n. examination of financial accounts v. examine accounts; verify accounts | ||||
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Audit definition was found in categories: Business & Finance(5) Computer & Internet(7) Language, Idioms & Slang(4) Law(2) Medicine(1) Science & Technology(1) Sports(1) Encyclopedia(1)
Audit Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Audit
An examination of a company's accounting records and books conducted by an outside professional in order to determine whether the company is maintaining records according to generally accepted accounting principles . See: aAcountant's opinion .
An examination of a company's accounting records and books conducted by an outside professional in order to determine whether the company is maintaining records according to generally accepted accounting principles . See: aAcountant's opinion .
| MONASH Marketing Dictionary |
| UNODC Money-Laundering Terms |
Audit
The examination of the accounting and financial documents of a company by an objective professional. The audit is done to determine the records' accuracy, consistency, and conformity to legal and accounting principles.
The examination of the accounting and financial documents of a company by an objective professional. The audit is done to determine the records' accuracy, consistency, and conformity to legal and accounting principles.
| Raynet Business & Marketing Glossary |
Audit
an examination into the current business situation; it can be both internal and internal. Part of the planning process (see situational analysis and SWOT).
an examination into the current business situation; it can be both internal and internal. Part of the planning process (see situational analysis and SWOT).
| eng-iso |
Audit
The inspection and examination of a process or quality system to ensure compliance to requirements. An audit can apply to an entire organization or may be specific to a function, process or production step.
The inspection and examination of a process or quality system to ensure compliance to requirements. An audit can apply to an entire organization or may be specific to a function, process or production step.
Audit Definition from Computer & Internet Dictionaries & Glossaries
| FOLDOC |
software audit
<legal> A regular investigation of the software installed on all computers in an organisation to ensure that it is authorised or licensed.
Software audits minimise the risk of prosecution for software theft, minimise the risk of viruses through uncontrolled software copying, and ensure technical support is available to all users.
The Business Software Alliance Guide To Software Management.
(1996-05-19)
<legal> A regular investigation of the software installed on all computers in an organisation to ensure that it is authorised or licensed.
Software audits minimise the risk of prosecution for software theft, minimise the risk of viruses through uncontrolled software copying, and ensure technical support is available to all users.
The Business Software Alliance Guide To Software Management.
(1996-05-19)
| Computer Abbreviations v1.5 |
AUDIT
Automated Data Input Terminal
Automated Data Input Terminal
| 9300+ Computer Acronyms |
AUDIT
AUtomated Data Input Terminal
AUtomated Data Input Terminal
| Uri's File.*Xten.c.ons* |
AUDIT
Automated Data Input Terminal
Automated Data Input Terminal
| TCP/IP port numbers |
audit
182/udp Unisys Audit SITP
182/udp Unisys Audit SITP
| TCP/IP Ports Assignments |
182/tcp
{audit}
Unisys Audit SITP.
{audit}
Unisys Audit SITP.
182/udp
{audit}
Unisys Audit SITP.
| TCP/IP Ports Assignments (Intrusive) |
182/tcp
{audit}
Unisys Audit SITP.
{audit}
Unisys Audit SITP.
182/udp
{audit}
Unisys Audit SITP.
Audit Definition from Language, Idioms & Slang Dictionaries & Glossaries
| Webster's Revised Unabridged Dictionary (1913) |
Audit
(v. t.)
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.
(v. i.)
To settle or adjust an account.
(a.)
The result of such an examination, or an account as adjusted by auditors; final account.
(a.)
An examination in general; a judicial examination.
(a.)
An audience; a hearing.
(a.)
A general receptacle or receiver.
(v. t.)
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.
(v. i.)
To settle or adjust an account.
(a.)
The result of such an examination, or an account as adjusted by auditors; final account.
(a.)
An examination in general; a judicial examination.
(a.)
An audience; a hearing.
(a.)
A general receptacle or receiver.
| WordNet 2.0 |
audit
Noun
1. an inspection of the accounting procedures and records by a trained accountant or CPA
(synonym) audited account
(hypernym) accounting, accounting system, method of accounting
(hyponym) financial audit
(part-meronym) bottom line
(derivation) scrutinize, scrutinise, inspect
2. 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"
(hypernym) examination, scrutiny
Verb
1. of accounts and tax returns; with the intent to verify
(synonym) scrutinize, scrutinise, inspect
(hypernym) analyze, analyse, study, examine, canvass, canvas
(derivation) auditor
2. attend academic courses without getting credit
(hypernym) learn, study, read, take
(derivation) auditor
Noun
1. an inspection of the accounting procedures and records by a trained accountant or CPA
(synonym) audited account
(hypernym) accounting, accounting system, method of accounting
(hyponym) financial audit
(part-meronym) bottom line
(derivation) scrutinize, scrutinise, inspect
2. 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"
(hypernym) examination, scrutiny
Verb
1. of accounts and tax returns; with the intent to verify
(synonym) scrutinize, scrutinise, inspect
(hypernym) analyze, analyse, study, examine, canvass, canvas
(derivation) auditor
2. attend academic courses without getting credit
(hypernym) learn, study, read, take
(derivation) auditor
| hEnglish - advanced version |
audit
audit
\au"dit\ (&?;), v. t. [imp. & p. p. audited; p. pr. & vb. n. auditing.] 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.
audit
\au"dit\, v. i. to settle or adjust an account. let hocus audit; he knows how the money was disbursed.
audit
\au"dit\ (&?;), n. [l. auditus a hearing, fr. audire. see audible, a.]
1. an audience; a hearing. [obs.] he appeals to a high audit.
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.
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. 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.
similar words(4)
audit room
audit house
audit ale
limited audit
audit
\au"dit\ (&?;), v. t. [imp. & p. p. audited; p. pr. & vb. n. auditing.] 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.
audit
\au"dit\, v. i. to settle or adjust an account. let hocus audit; he knows how the money was disbursed.
audit
\au"dit\ (&?;), n. [l. auditus a hearing, fr. audire. see audible, a.]
1. an audience; a hearing. [obs.] he appeals to a high audit.
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.
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. 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.
similar words(4)
audit room
audit house
audit ale
limited audit
| Concise English-Irish Dictionary v. 1.1 |
audit
iniúchadh
iniúchadh
Audit Definition from Law Dictionaries & Glossaries
| The 'Lectric Law Library |
Audit
The systematic examination of records and documents and the securing of other evidence by confirmation, physical inspection, or otherwise, for one or more of the following purposes: determining the propriety or legality of proposed or consummated transactions, ascertaining whether all transactions have been recorded and are reflected accurately in accounts; determining the existence of recorded assets and inclusiveness of recorded liabilities; determining the accuracy of financial or statistical statements or reports and the fairness of the facts they present; determining the degree of compliance with established policies and procedures relative to financial transactions and business management; and appraising an accounting system and making recommendations concerning it.
The systematic examination of records and documents and the securing of other evidence by confirmation, physical inspection, or otherwise, for one or more of the following purposes: determining the propriety or legality of proposed or consummated transactions, ascertaining whether all transactions have been recorded and are reflected accurately in accounts; determining the existence of recorded assets and inclusiveness of recorded liabilities; determining the accuracy of financial or statistical statements or reports and the fairness of the facts they present; determining the degree of compliance with established policies and procedures relative to financial transactions and business management; and appraising an accounting system and making recommendations concerning it.
| Law Dictionary |
Audit
An inspection of the accounting records and procedures of a business,government unit or other reporting entity by a trained accountant, for thepurpose of verifying the accuracy and completeness of the records. It may beconducted by a member of the organization (internal audit) or by an outsider(independent audit).
An inspection of the accounting records and procedures of a business,government unit or other reporting entity by a trained accountant, for thepurpose of verifying the accuracy and completeness of the records. It may beconducted by a member of the organization (internal audit) or by an outsider(independent audit).
Audit Definition from Medicine Dictionaries & Glossaries
| Dictionary of Medicine (Shahram) |
audit
noun
(i) analysis of the accounts of a hospital or doctor's practice to see if they are correct; (ii) analysis of statistics relating to a doctor's practice (as numbers of patients or incidence of disease, numbers of patients referred to specialists, etc.) for research purposes
noun
(i) analysis of the accounts of a hospital or doctor's practice to see if they are correct; (ii) analysis of statistics relating to a doctor's practice (as numbers of patients or incidence of disease, numbers of patients referred to specialists, etc.) for research purposes
Audit Definition from Science & Technology Dictionaries & Glossaries
| Telecommunication Standard Terms |
audit
1. 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. 2. 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. [NIS]
1. 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. 2. 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. [NIS]
Audit Definition from Sports Dictionaries & Glossaries
| maritime&shipping&trade |
Audit
A methodical examination and review of a situation or condition (as within a business enterprise) concluding with a detailed report of findings.
A methodical examination and review of a situation or condition (as within a business enterprise) concluding with a detailed report of findings.
Audit Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Audit
The most general definition of an audit is an evaluation of a person, organization, system, process, project or product. Audits are performed to ascertain the validity and reliability of information, and also provide an assessment of a system's internal control. Auditing is therefore a part of some quality control certifications such as ISO 9001. The goal of an audit is to express an opinion on the person/organization/system etc. under evaluation based on work done on a test basis. Due to practical constraints, an audit seeks to provide only reasonable assurance that the statements are free from material error. Hence, random sampling is often adopted in audits. In the case of financial audits, a set of financial statements are said to be true and fair when they are free of material misstatements - a concept influenced by both quantitative and qualitative factors.
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