Meaning of the word audited in English
What does audited mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
audited
US /ˈɔːdɪtɪd/
UK /ˈɔːdɪtɪd/
Verb
to officially examine the financial records of a company or organization to check that they are accurate
Example:
•
The company's accounts are audited annually by an independent firm.
•
The government decided to have all public sector organizations audited.
Adjective
having undergone an official examination of financial records
Example:
•
The company presented its audited financial statements.
•
Only audited accounts are considered reliable for investment decisions.
Related Word: