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Audits Meaning in English

word · lemma: audit

ˈɑdəts
AWD-its
ˈɔːdɪts
AWD-its

Definition

Audits are official examinations of financial records, processes, or systems to check if they are correct and follow the rules. They can be done by internal staff or external inspectors.

Usage & Nuances

Common in business, finance, and government. The word 'audits' usually refers to financial examinations, but it can also be used for quality or compliance checks. Use 'internal audits' for within a company, 'external audits' for outside reviews.

Example Sentences

The company has regular audits every year.

basic

Government audits check if the rules are followed.

basic

Banks need to pass strict audits.

basic

We’re preparing for the end-of-year audits next month.

natural

Some people get nervous when audits are announced.

natural

Our department passed all its audits without any issues.

natural