audits

Noun

Systematic examinations of financial records to ensure accuracy and compliance with regulations.

ریشه

The word 'audit' comes from the Latin word 'audire' meaning 'to hear'. It originally referred to the practice of listening to accounts being read aloud for verification.

مثال

• The company hired an external firm to conduct audits of their financial statements.
• The government agency performs regular audits to detect any financial irregularities.
• Audits are essential for maintaining transparency and accountability in financial reporting.