Audited: meaning, definitions and examples

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audited

 

[ ˈɔːdɪtɪd ]

Verb
Context #1 | Verb

financial review

Audited refers to the process of conducting an official examination and verification of financial accounts and records, typically by an independent authority. This can ensure accuracy and compliance with established standards or regulations. In a broader sense, it can also involve reviewing any process or system for integrity and performance.

Synonyms

examined, reviewed, verified.

Examples of usage

  • The company's finances were audited last year.
  • An external firm audited the annual accounts.
  • All departments are audited to maintain compliance.
  • The results of the audited financial statements were positive.

Translations

Translations of the word "audited" in other languages:

🇵🇹 auditado

🇮🇳 ऑडिट किया गया

🇩🇪 geprüft

🇮🇩 diaudit

🇺🇦 аудитований

🇵🇱 audytowany

🇯🇵 監査された

🇫🇷 audité

🇪🇸 auditado

🇹🇷 denetlenen

🇰🇷 감사된

🇸🇦 تم تدقيقه

🇨🇿 auditovaný

🇸🇰 auditovaný

🇨🇳 审计过的

🇸🇮 reviziran

🇮🇸 skoðaður

🇰🇿 тексерілген

🇬🇪 აუდიტირებული

🇦🇿 audit edilmiş

🇲🇽 auditado

Etymology

The term 'audit' stems from the Latin word 'audire', which means 'to hear'. It originated in the 13th century to describe the action of hearing a report when financial accounts were read aloud. The practice grew over the centuries, and the modern usage began to take shape in the 19th century with the establishment of formal auditing practices in commerce and industry. As businesses expanded and financial complexities increased, the need for more systematic and standardized methods of verification became necessary, leading to the professional auditing field we recognize today. The term 'audited' is simply the past participle of 'audit', indicating that the examination has been completed.

Word Frequency Rank

Ranked #12,309, this word falls into high-advanced vocabulary. It appears less frequently but is valuable for expressing precise meanings in specific contexts.