Auditing Moderate

Definition, synonyms and related words

Definitions

Noun

The act or result of performing an audit.

"The company spent three months preparing their financial auditing before submitting the report to regulators."

In plain English: Auditing is when someone checks records to make sure everything adds up correctly and follows the rules.

"The company hired an external firm to conduct its annual financial auditing before the year-end meeting."

Usage: Use 'auditing' to refer to the process of examining financial records, systems, or operations; often used in academic contexts to describe attending a course without earning credit.

Verb

present participle of audit

"The accountant is auditing the company's financial records to ensure accuracy."

In plain English: Auditing means checking records to make sure they are correct and honest.

"The company is auditing its annual financial records to ensure accuracy before filing them with regulators."

Example Sentences

"The company hired an external firm to conduct its annual financial auditing before the year-end meeting." noun

"The annual auditing process took longer than expected due to missing receipts." noun

"He avoided hiring an auditor until the final auditing stage was nearly complete." noun

"During the auditing of last year's budget, several discrepancies were found in the department expenses." noun

"The company is auditing its annual financial records to ensure accuracy before filing them with regulators." verb