Reading Theme:
Audit: Definition, Usage, and Common Examples (2 meaning)
Meaning 1:inspect accounts (audit)
audit
/ˈɔːdɪt/
vt.
To officially check financial records or accounts to see if they are correct and follow the rules.
inspect accounts
➕
/ɪnˈspɛkt əˈkaʊnts/
vt.
It refers to the formal examination and verification of financial records by an independent party.
📘 Details & Usage
📖 Root Explanation
From Latin 'audire' (to hear). Historically, auditors 'heard' accounts.
💡 Mnemonic
Think of an AUDitor with an earpiece LISTening closely to financial details.
📖 Example
Every year, an independent accountant comes to audit the small bookstore's finances to ensure everything is transparent.
Every year, an independent accountant comes to inspect the small bookstore's financial accounts to ensure everything is transparent.
🔗 Collocations
conduct an audit – to perform an official financial inspection
internal audit – an examination conducted by the organization's own staff
audit trail – a recorded sequence of steps documenting a transaction
🔄 Synonyms
🌱 Derivatives
📖 Cultural Story
The term originates from the Latin 'auditus' (a hearing). In ancient Rome, officials would 'listen' to the reporting of accounts. The word evolved through Anglo-French 'audite' before entering English, initially referring to an official examination of accounts, reflecting the historical practice where auditors would hear verbal reports.
Meaning 2:sit in on (audit)
audit
/ˈɔːdɪt/
vt.
To attend a class, lecture, or meeting without officially taking part or getting a grade, just to listen and learn.
sit in on
➕
/sɪt ɪn ɒn/
vt.
It means to attend a class or event as a listener without formal enrollment or obligation for credit.
📘 Details & Usage
📖 Example
After retiring, my grandfather loves to audit history lectures at the local university to keep his mind active.
After retiring, my grandfather loves to sit in on history lectures at the local university to keep his mind active.
🔗 Collocations
audit a class – to attend a class without receiving academic credit
audit a course – to enroll in a course for learning only, not for a grade
🔄 Synonyms
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