Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia.


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.
4. A thorough examination or evaluation: an audit of water use.
v. au·dit·ed, au·dit·ing, au·dits
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.
3. To examine or evaluate (something) thoroughly: audit a house's energy consumption.
To conduct an audit.

[Middle English (influenced by auditor, auditor), from Latin audītus, a hearing, from past participle of audīre, to hear; see au- in Indo-European roots.]

au′dit·a·ble adj.


(Accounting & Book-keeping) able to be audited
References in periodicals archive ?
Auditable financial statements, accurate equipment and supply inventories, and complete real property records will help the Air Force get the most bang for the buck.
Free Webinar Will Help Energy Companies Achieve Auditable Compliance with the Regulations
The information is collected by a proprietary software package that issues alerts and reports, creating an auditable data trail and allowing for auditable process control.
Spacek says the program not only provides an outline of various efficiencies, but also helps American-parented firms with the ability to demonstrate an auditable history of their source data.
0 optimizes peer-to-peer collaboration and approvals over the Web, securely tracking changes and providing an auditable trail for each transaction, the company said in an announcement.
An auditable gauge control system should therefore be instituted to keep track of every gauge considered important to the integrity of the process and which could adversely affect the performance and quality of the product being produced.
The problem is that many of them don't create any auditable trail for recounts.
According to a Lancaster School District staff report, the district must maintain thorough, auditable records of expenditures, and records also must be kept indicating that program participants have pledged to provide tutoring.