AUDIT

Audit

The general definition of an audit is an evaluation of a person, organization, system, process, enterprise, project or product. The term most commonly refers to audits in accounting, quality management, water management, and energy conservation.

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audit

Noun

  1. An audience; a hearing.
  2. An examination in general.
  3. A judicial examination.
  4. An independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures
    National Assembly audit
  5. The result of such an examination, or an account as adjusted by auditors; final account.
  6. Spiritual counseling, which forms the core of Dianetics.
  7. A general receptacle or receiver.

Verb

  1. To examine and adjust (e.g. an account).
    to audit the accounts of a treasure, or of parties who have a suit depending in court
  2. To conduct an independent review and examination of system records and activities in order to test the adequacy and effectiveness of data security and data integrity procedures, to ensure compliance with established policy and operational procedures, and to recommend any necessary changes
  3. To counsel spiritually.
  4. To attend an academic class on a not-for-academic-credit basis.


The above text is a snippet from Wiktionary: audit
and as such is available under the Creative Commons Attribution/Share-Alike License.

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