AUDIT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does audit mean? 

• AUDIT (noun)
  The noun AUDIT has 2 senses:

1. an inspection of the accounting procedures and records by a trained accountant or CPA

2. a methodical examination or review of a condition or situation

  Familiarity information: AUDIT used as a noun is rare.

• AUDIT (verb)
  The verb AUDIT has 2 senses:

1. examine carefully for accuracy with the intent of verification

2. attend academic courses without getting credit

  Familiarity information: AUDIT used as a verb is rare.

 Dictionary entry details 

• AUDIT (noun)

Sense 1

Meaning:

An inspection of the accounting procedures and records by a trained accountant or CPA

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

audit; audited account

Hypernyms ("audit" is a kind of...):

accounting; accounting system; method of accounting (a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts)

Meronyms (parts of "audit"):

bottom line (the last line in an audit; the line that shows profit or loss)

Hyponyms (each of the following is a kind of "audit"):

financial audit (an attestation that the client's financial statement is accurate)

limited audit (an audit of limited scope (limited in time span or confined to particular accounts etc.))

Derivation:

audit (examine carefully for accuracy with the intent of verification)

Sense 2

Meaning:

A methodical examination or review of a condition or situation

Classified under:

Nouns denoting acts or actions

Context example:

an email log audit

Hypernyms ("audit" is a kind of...):

examination; scrutiny (the act of examining something closely (as for mistakes))

• AUDIT (verb)

Present simple: I / you / we / they audit    ... he / she / it audits   
Past simple: audited   
Past participle: audited   
-ing form: auditing   

Sense 1

Meaning:

Examine carefully for accuracy with the intent of verification

Classified under:

Verbs of thinking, judging, analyzing, doubting

Synonyms:

audit; inspect; scrutinise; scrutinize

Context example:

audit accounts and tax returns

Hypernyms (to "audit" is one way to...):

analyse; analyze; canvass; examine; study (consider in detail and subject to an analysis in order to discover essential features or meaning)

Sentence frame:

Somebody ----s something

Derivation:

audit (an inspection of the accounting procedures and records by a trained accountant or CPA)

auditor (a qualified accountant who inspects the accounting records and practices of a business or other organization)

Sense 2

Meaning:

Attend academic courses without getting credit

Classified under:

Verbs of thinking, judging, analyzing, doubting

Hypernyms (to "audit" is one way to...):

learn; read; study; take (be a student of a certain subject)

Sentence frames:

Somebody ----s
Somebody ----s something

Derivation:

auditor (a student who attends a course but does not take it for credit)

 Context examples 

They obtain wholesale prices from doctors, and carry out cost-containment measures, including auditing hospitals and reviewing claims.

(Managed Care, NCI Thesaurus)

EXAMPLE(S): IRB Approval, site enrollment, FDA audit

(Performed Study Administrative Activity, NCI Thesaurus/BRIDG)

Good Clinical Practice covers the way a clinical trial is designed, conducted, performed, monitored, audited, recorded, analyzed, and reported.

(Good Clinical Practice, NCI Dictionary)

GCP covers the way a clinical trial is designed, conducted, performed, monitored, audited, recorded, analyzed, and reported.

(GCP, NCI Dictionary)

He has an extraordinary faculty for figures, and audits the books in some of the government departments.

(The Memoirs of Sherlock Holmes, by Sir Arthur Conan Doyle)

An authorized person who is appointed to audit and officially inspect the warehousing, prescribing, dispensing, distribution, administration and documentation practices related to utilization of investigational agent(s) within a clinical study or/and institution, in order to confirm the strict drug(s) accountability and to ensure patients safety and the clinical site compliance with protocol(s) and federal drug laws and regulations.

(Agent Inspector, NCI Thesaurus)