Meaning of the word auditing in English
What does auditing mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
auditing
US /ˈɔː.dɪ.tɪŋ/
UK /ˈɔː.dɪ.tɪŋ/
Noun
an official inspection of an organization's accounts, typically by an independent body
Example:
•
The company is undergoing an external auditing process.
•
Regular auditing helps ensure financial transparency.
Verb
1.
to conduct an official financial inspection of (a company or its accounts)
Example:
•
The government decided to audit the charity's finances.
•
We need to audit all transactions from last quarter.
2.
to attend a course or lecture without receiving academic credit
Example:
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She decided to audit the philosophy class for personal enrichment.
•
Many retired people enjoy auditing university courses.
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