Definition of «audited»

The term "audited" refers to a process or an event that has been examined and verified by an independent third party. This can refer to financial statements, which are reviewed by auditors to ensure their accuracy and compliance with accounting standards; or it may also refer to the act of verifying information or records for accuracy and completeness. In a broader sense, "audited" can also mean something that has been thoroughly examined, evaluated or scrutinized.

Sentences with «audited»

  • Is there a fear of audit of 2010 returns even though the statute of limitation has expired? (money.stackexchange.com)
  • As an independent director, I found myself on a number of audit committees. (moneysense.ca)
  • In the intervening years, it had arguably become the gold standard for audits of internal controls at a service provider. (slaw.ca)
  • (see all sentences)
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