audits
|aud-its|
/ˈɔː.dɪts/
(audit)
financial examination
Etymology
'audit' originates from Latin, specifically the word 'audire' meaning 'to hear' and the past participle 'auditus' meaning 'heard'.
'audit' changed from Medieval Latin 'auditus' (a hearing or hearing of accounts) into Middle English via Old French and Anglo-Latin and eventually became modern English 'audit' used for formal examinations of accounts and inspections.
Initially, it meant 'a hearing' (something heard); over time it evolved into the current sense of 'an official examination or inspection', especially of financial accounts.
Meanings by Part of Speech
Noun 1
plural form of 'audit': formal examinations or inspections of accounts, procedures, systems, or performance to check accuracy, compliance, or effectiveness.
The company schedules annual audits to ensure its financial statements are accurate.
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Noun 2
plural form of 'audit' used for official investigations such as tax audits or compliance audits.
Tax audits have increased this year, putting more pressure on small businesses.
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Verb 1
third-person singular present form of 'audit': (transitive) examines or inspects financial records, systems, processes, or performance.
She audits the nonprofit's accounts every quarter.
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Verb 2
third-person singular present form of 'audit': (intransitive) attends a course informally without receiving credit or a grade.
He audits several lecture courses each semester to broaden his knowledge.
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Last updated: 2025/11/18 13:51