1. An examination of records or financial accounts to check their accuracy. 2. An adjustment or correction of accounts. 3. An examined and verified account.
VERB:
Inflected forms: au·dit·ed, au·dit·ing, au·dits
TRANSITIVE VERB:
1. To examine, verify, or correct the financial accounts of: Independent accountants audit the company annually. The IRS audits questionable income tax returns.2. To attend (a course) without requesting or receiving academic credit.
INTRANSITIVE VERB:
To examine financial accounts.
ETYMOLOGY:
Middle English (influenced by auditor, auditor), from Latin audtus, a hearing, from past participle of audre, to hear. See au- in Appendix I.