audit Hear it!

audit definition - legal
n A formal inspection of the accounting procedures and records and the financial situation of an individual, business, organization, or government entity to verify the accuracy and completeness of the records or their compliance with another set of standards.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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