Audit Audit

Audit - Definition and Overview
Related Words: Accounting, Analysis, Auditing, Balance, Bookkeeping, Check, Confirm, Control, Inspection, Inventory, Investigation

Audit can refer to:

  • Telecommunication audit
  • Financial audit
  • Performance audit
  • Completion of a course of study for which no assessment is completed or grade awarded; especially audit is awarded to those who have elected not to receive a letter grade for a course in which letter grades typically awarded. This technique is often employed by individuals who wish to take a specific course without the risk of under-performance resulting in a poor or failing grade; this can be helpful when reviewing a long-unstudied subject, when first beginning the study of a discipline wherein one has little experience or confidence, when taking a course merely for enjoyment with no need or desire of academic credit, et cetera. Auditing is generally an option at institutions of higher learning (colleges, universities) rather than grammar school (K-12).
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Example Usage of Audit
jose_sully: U.S. to Audit 1,000 firms in illegal worker probe http://viigo.im/1ynx
PhilDeCarolis: Fed Audit Shield Takes Blow After Ron Paul Proposal Advances http://www.bloomberg.com/apps/news?pid=20601103&sid=a27_ZNGlQpNs
big4alum: Big4Jobs: Director, Internal Audit, Confidential - Exec Search, Fairfield County, CT, $150- $170K + bonus http://... http://ow.ly/163cJ0
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