auditing

1. 1
   noununcountable

   The act of examining records to verify their accuracy, or the findings produced by that examination.

   Like a referee reviewing game footage afterward to confirm every call was made correctly.

   The auditing of the merged companies revealed several accounting errors.

   Independent auditing gives shareholders confidence in the published figures.

   Similarexamination, inspection, verification, review, scrutiny

   Note

   Usually uncountable when it names the activity, but countable when it names the instances or results: auditings. Larry McMurtry's Duane's Depressed (2010) plays the forms against each other, with Karla auditing courses and Duane having to audit her auditings. One test separates the two: followed by of (the auditing of the accounts), it is this noun. Taking a direct object (auditing the accounts), it is the verb form.

2. 2
   verb

   Present participle of audit.

   Regulators are auditing the bank's overseas transactions.

   She spent the summer auditing nonprofit organizations for a consulting firm.

   Note

   Every sense of audit passes through this one form, not only the accountant's. Students auditing a course sit in without earning credit. In the spiritual sense, auditing someone means counseling them. In computing, auditing a system tests its data security and its compliance with policy. The object usually tells them apart: auditing the books, auditing a seminar, auditing a network.

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