tax audit
audit
verb[ T ]
uk /ˈɔːdɪt/us
ACCOUNTING
to make an official examination of the accounts of a business and produce a report:
The accounts are audited annually.
have sth auditedThey had the books audited by a qualified accountant.
to make an official examination of the quality or condition of something:
Our operations are regularly audited.
be independently/externally auditedOur quality system is independently audited by an approved certification body.

Examples of audit

audit
A related reform focus is the overhaul of accounting and auditing systems.
The audits should cover not only processes, but also external actuarial valuations and verification of investment returns.
One health authority had increased its audits of clinical effectiveness to standardize treatments.
Less than a quarter of prisons had audited any of their chronic disease services in the last two years.
Audits often raise further questions, so collaborative audits across a primary care trust could generate ownership for projects investigating ways to improve patient care.
Our assumption implies that the expected cost of verification is not only increasing but also weakly convex in the range of states subject to auditing.
Moral questions have been of utmost importance in the public debate, whereas questions of efficiency have dominated the audits.
Objectives have been evaluated in the public debate, while policy programs have been evaluated in governmental audits.
There were no structures for auditing these foundations, and politicians and the military elite used them as private sources of wealth creation.
The publication of our research is also one method by which scientists are audited.
During this period, data collected from the collaborating hospitals should be registered and possibly audited.
The number of cardiac drug prescriptions, the specific drug, and the dosage were recorded for each patient at baseline and final audits.
Once the set up was approved, the patient was imaged weekly and audited by the clinicians at a weekly meeting.
Identifying such issues reveals everyday working practices that may not be apparent by auditing policies and procedures.
Furthermore, we assume that the enforcement strategy (probability of being audited and the penalty function) is communicated to all firms.
See all examples of audit
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

Collocations withaudit

audit

These are words often used in combination with audit.

Click on a collocation to see more examples of it.

annual audit
They were involved in the collection of rents twice a year and an annualaudit, as well as the production of accounts.
audit committee
We are supervised indirectly, for example, by people with experience in banking supervision who we involve in our auditcommittee.
From Europarl Parallel Corpus - English
audit department
Locally, our auditdepartment have agreed to audit practice areas in advance of a nurse starting the course and then 6 months after completing to demonstrate outcomes for patients.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
See all collocations with audit