auditing(redirected from auditings)
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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.]
(Banking & Finance) finance the act of inspecting, correcting, and certifying (accounts, etc)