audits

[US]/ˈɔːdɪts/
[UK]/ˈɑːdɪts/
Frequency: Very High

Translation

n.the formal examination of a company's or organization's financial records to ensure accuracy and compliance with regulations.
v.to conduct a formal examination of a company's or organization's financial records to ensure accuracy and compliance with regulations.

Phrases & Collocations

conduct regular audits

Example Sentences

we conduct regular audits to ensure compliance.

audits help identify areas for improvement.

the company prepares for annual audits every december.

external audits provide an unbiased assessment.

management reviews the audit findings carefully.

audits can uncover financial discrepancies.

regular audits are essential for risk management.

we hired a firm to conduct the audits this year.

audits are crucial for maintaining transparency.

she specializes in financial audits and consulting.

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