Audit: meaning, definitions and examples

Used in a business or financial context to refer to an official examination of accounts by an independent party.

• The company undergoes an annual audit to ensure the accuracy of its financial statements.
• The government ordered an audit of the nonprofit organization's finances.

A detailed and thorough analysis or study, often used in academic or medical contexts.

• The scientist's examination of the samples revealed new insights.
• The doctor's examination was thorough and included a series of tests.

Generally involves a careful and close look at something to check for compliance, quality, or condition, often in the context of safety or standards.

• The safety inspection of the building revealed several violations.
• Regular health inspections are mandatory for all restaurants.

Refers to a general assessment or evaluation of something, often to determine its quality, performance, or effectiveness.

• Let's review the project plan before the meeting.
• The teacher's performance reviews are conducted twice a year.

Typically used in financial or regulatory environments where a formal review of accounts or processes is required.

• The company will undergo an annual audit to ensure compliance with financial regulations.
• A government audit revealed discrepancies in the city's budget.

Used often in academic, scientific, or medical fields to describe a detailed inspection or study of something.

• The doctor will examine the patient to determine the cause of the symptoms.
• Researchers examine the effects of climate change on Arctic ice.

Used when checking something for quality, safety, or compliance with standards, often in a more practical or physical context than 'audit'.

• The safety inspector will inspect the building for code violations.
• Before we ship the products, we need to inspect them for any defects.

Implied a more general or informal check or assessment of something, not necessarily as detailed or formal as an audit.

• The manager will review the project plan before giving approval.
• Students are encouraged to review their notes before the exam.