# auditing

/ˈɑdətɪŋ/ (US) · /ˈɔːdɪtɪŋ/ (UK) · CEFR C1 · Noun

Source: https://englishreference.com/word/auditing
Updated: 2026-05-07

## Definition

the process of checking a person's or company's financial records to make sure they are correct and honest.

For teachers: the systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organisation to ascertain how far the financial statements present a true and fair view.

## Examples

- The company is undergoing its annual auditing this week.
- Rigorous auditing of the firm's accounts revealed several discrepancies that had gone unnoticed for years.
- The shift toward automated auditing has allowed firms to process vast quantities of data in real time, significantly reducing the window for undetected financial irregularities.

## Usage notes

- Often used as a gerund to describe the professional activity or the department responsible for it.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.