Noun The Internal Revenue Service selected us for an audit. You will need all your records if you are selected for audit by the IRS. Verb They audit the company books every year. The Internal Revenue Service audited him twice in 10 years. I audited an English literature class last semester.
Recent Examples on the Web
Noun
The South Dakota Legislature's audit committee, controlled by Republicans, unanimously approved a report in May that found Noem's daughter got preferential treatment.CBS News, 9 Sep. 2022 The South Dakota Legislature's audit committee, controlled by Republicans, unanimously approved a report in May that found Noem's daughter got preferential treatment. Stephen Groves, ajc, 9 Sep. 2022 The complaint also alleges that the chairs of the comp and audit committees approved the deal. Shawn Tully, Fortune, 7 Sep. 2022 The stories sparked an audit that found thousands of dollars worth of Southwest Airlines gift cards were misused by top executives. David Wilson, Anchorage Daily News, 5 Sep. 2022 The company could also turn to a board member, for example its audit chair, recruiters said. Suzanne Kapner, WSJ, 5 Sep. 2022 The Post obtained the audit and the complaint from congressional staff. Cat Zakrzewski, Washington Post, 4 Sep. 2022 The impending audit deadline has already led to a slowdown in share issues. Nicole Goodkind, CNN, 2 Sep. 2022 An ongoing safety audit is being conducted by the Texas School Safety Center. Michelle Del Rey, San Antonio Express-News, 2 Sep. 2022
Verb
The far-reaching proposal would separate EY’s accountants who audit companies such as Amazon.com Inc. from its faster-growing consulting business, which advises on tax issues, deals and more. Jean Eaglesham, WSJ, 8 Sep. 2022 Beyond our own determination, these standards and processes are also very critical for some of our big customers, who audit these specifications for their own ESG guidelines. Christopher Marquis, Forbes, 9 June 2022 When the insurer moved to audit the clinic, staff members changed documents and test results to support treatment. Amy Yurkanin | Ayurkanin@al.com, al, 29 Aug. 2022 Republicans unsuccessfully tried to prohibit the IRS from using any of the new funds to audit taxpayers with incomes below $400,000. Maureen Groppe, USA TODAY, 25 Aug. 2022 Or at least that’s the inescapable conclusion from a new report conducted by the U.S. General Accountability Office, a watchdog federal agency established to audit the rest of the federal government, including the Department of Defense. Kyle Mizokami, Popular Mechanics, 28 June 2022 For example, if healthcare institutions share patient data in unauthorized cloud applications, they may be compelled to audit, identify and disclose the breadth and impact of each event. Gavin Garbutt, Forbes, 19 July 2022 In some cases, international firms hired to audit or advise the government, including Bain & Company, McKinsey, and KPMG, were also implicated. Ryan Lenora Brown, Washington Post, 22 June 2022 In Arizona, where Trump narrowly lost in 2020, there have been sustained efforts to audit the outcome of the last presidential election.ABC News, 2 Aug. 2022 See More
Word History
Etymology
Noun
Middle English audyte "examination of accounts, judicial hearing," borrowed from Medieval Latin audītus "sense of hearing, act of listening, right to judicial hearing, examination of accounts," going back to Latin, "sense or act of hearing," from audīre "to hear" + -tus, suffix of action nouns — more at audible entry 1
Note: The sense "examination of accounts," attested relatively late in Medieval Latin, is based on the word audītor, which in the meaning "one who examines accounts" is recorded much earlier—see auditor.
Verb
Middle English audyten, derivative of audyteaudit entry 1; in sense 2 back-formation from auditor