audit - Hutchinson encyclopedia article about audit Printer Friendly
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audit

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.04 sec.

audit

Official inspection of a company's accounts by a qualified accountant as required by law each year to ensure that the company balance sheet reflects the true state of its affairs.



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? Mentioned in ? References in classic literature
 
Now and then Philip with one of the more experienced clerks went out to audit the accounts of some firm: he came to know which of the clients must be treated with respect and which were in low water.
One advantage of the Secret Service is that it has no worrying audit.
Qui verbum meum audit, et credit ei qui misit me, habet vitam oeternam et in judicium non venit; sed transit a morte im vitam
 
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