Auditing: meaning, definitions and examples
๐
auditing
[ หษหdษชtษชล ]
financial reporting
Auditing is the examination and verification of a company's financial and accounting records and supporting documents by an independent auditor.
Synonyms
examination, inspection, review
Examples of usage
- Auditing helps ensure the accuracy and reliability of financial statements.
- The auditing process involves gathering evidence to support the financial transactions reported by the company.
quality control
Auditing can also refer to the process of assessing the quality management systems and practices within an organization to ensure compliance with standards and regulations.
Synonyms
assessment, evaluation, monitoring
Examples of usage
- The ISO 9001 standard requires regular auditing of companies to maintain certification.
- Internal auditing helps organizations identify areas for improvement in their processes.
action
To audit means to conduct an official examination or review of something, especially financial accounts.
Synonyms
Examples of usage
- The government audits businesses to ensure tax compliance.
- The auditor audited the company's financial statements for accuracy.
Translations
Translations of the word "auditing" in other languages:
๐ต๐น auditoria
๐ฎ๐ณ เคฒเฅเคเคพ เคชเคฐเฅเคเฅเคทเคพ
๐ฉ๐ช Prรผfung
๐ฎ๐ฉ audit
๐บ๐ฆ ะฐัะดะธั
๐ต๐ฑ audyt
๐ฏ๐ต ็ฃๆป (ใใใ)
๐ซ๐ท audit
๐ช๐ธ auditorรญa
๐น๐ท denetim
๐ฐ๐ท ๊ฐ์ฌ
๐ธ๐ฆ ุชุฏููู
๐จ๐ฟ audit
๐ธ๐ฐ audit
๐จ๐ณ ๅฎก่ฎก (shฤnjรฌ)
๐ธ๐ฎ revizija
๐ฎ๐ธ endurskoรฐun
๐ฐ๐ฟ ะฐัะดะธั
๐ฌ๐ช แแฃแแแขแ
๐ฆ๐ฟ audit
๐ฒ๐ฝ auditorรญa
Word origin
The word 'auditing' originated from the Latin word 'audire', which means 'to hear'. In ancient times, auditors would listen to the oral statements of individuals to verify their accuracy. Over time, auditing evolved into a more formal process of examining financial records and practices. The modern concept of auditing as a systematic review of financial information emerged in the 19th century with the development of accounting standards and professional auditing practices.
See also: audit, audition, auditor, auditorium, auditory.