audit

/ˈɔdɪt/
noun
  1. An official examination of financial records to check that they are accurate and legal.
    • A surprise audit revealed that some funds were missing.
    • The company hired an outside firm to conduct a financial audit.
    • After the audit, the accountant found several small errors in the books.
  2. A careful review or evaluation of something, such as a process, system, or performance.
    • The manager requested a customer service audit to improve satisfaction.
    • We performed an energy audit to find ways to reduce electricity use.
    • The school did a safety audit of all its playground equipment.
verb
  1. To officially examine financial records to check their accuracy and legality.
    • Our team audits several small businesses every year.
    • An outside accountant will audit the company's books next month.
    • The government agency audited the nonprofit organization for tax compliance.
  2. To attend a class or course without receiving a grade or credit.
    • She audited the photography course to learn the basics without taking exams.
    • Many retired people audit university lectures to stay mentally active.
    • I decided to audit a history class just for fun.
  3. To carefully review or evaluate something, such as a process or system.
    • The IT department will audit the network security next week.
    • We need to audit our inventory system to reduce waste.
    • The manager audited the team's workflow to find bottlenecks.
What does "audit" mean? | whatsthatwordmean | whatsthatwordmean