ENGLISH
REFERENCE

audited

adj.
C1 Advanced US //ˈɔdɪtɪd// UK //ˈɔːdɪtɪd// au·dit·ed

adj. describes a company's financial records that have been checked by an expert to make sure they are correct. It can also describe a university class you attend just to listen without getting a grade.

adj. refers to financial accounts that have undergone a formal examination by an independent body. In an academic context, describes a course attended for personal interest rather than for credit.


SIMPLE

The company published its audited financial statements last week.

CONTEXTUAL

Investors felt more confident after reviewing the audited reports, which confirmed the firm's reported profits were accurate.

COMPLEX

The board of directors insisted on presenting an audited balance sheet to the shareholders to maintain transparency and comply with federal regulations regarding corporate governance.

Synonyms
Usage

Often used as a participial adjective preceding a noun like 'accounts', 'statements', or 'reports'.

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