Meaning & use

auditing

noun·Academic

Last updated

UK/ˈɔː.dɪ.tɪŋ/
US/ˈɔː.dɪ.t̬ɪŋ/

Meanings

  1. noununcountable

    The work of officially checking and confirming an organization's financial records and accounts.

    Grammar: Uncountable; used for the activity or profession as a whole, not for a single check.

    Patterns

    • auditing of something
    • do auditing
    • external/internal auditing

    She works in auditing for a large accounting firm.

    The company improved its auditing after the scandal.

    Auditing helps investors trust the numbers a business reports.

  2. noununcountable

    The act of carefully examining any process or system to check quality or correctness.

    Grammar: Used broadly for checking systems, not only money; often with of.

    Patterns

    • auditing of something
    • quality auditing
    • auditing procedures

    The hospital introduced auditing of its safety records.

    Regular auditing of the software caught several bugs.

    Environmental auditing is now required in many industries.

Common combinations

internal auditing
Internal auditing checks whether staff follow company rules.
external auditing
External auditing is done by an outside firm.
auditing standards
The report must follow international auditing standards.
auditing firm
She joined a top auditing firm in London.
auditing process
The auditing process took several weeks.

Synonyms and how they differ

inspection
Inspection is a general check of condition or quality; auditing is usually a formal, recorded examination of accounts or systems.
verification
Verification focuses on proving something is true; auditing is the wider process of checking and reporting.

Word family

audit noun
A single official examination of accounts.
audit verb
To officially examine accounts or records.
auditor noun
A person who carries out an audit.

Commonly confused: auditing or editing?

auditing vs editing

Editing means correcting text or film; auditing means checking records or systems for accuracy.

Practice

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