audited

USAGE SUMMARY

The phrase "audited" is correct and usable in written English.
It can be used in contexts related to financial reviews, assessments, or evaluations of processes or systems. Example: "The financial statements were audited by an external firm to ensure accuracy and compliance with regulations."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

"I strongly believe that the Federal Reserve should be audited... ...... Yellen says.

The Guardian - Business

But until recently, the FBI discouraged challenges to its numbers, insisting that they were carefully audited – and pointing out that the bureau, in any case, was required by law to publish them.

The Guardian

We're audited by the GAO... we have outside public accounting firms that audit the Fed... we publish our balance sheets weekly..."....

The Guardian - Business

"We are audited.

The Guardian - Business

The accounts of the garbage-collecting business have been audited by the Chicago office of Andersen (né Arthur Andersen) for more than 30 years, but the unqualified audited accounts for the years of 1992 to 1996 were subsequently found to have overstated Waste Management's pre-tax income by more than $1.4 billion.

The Economist

Global Crossing, for example, a recently bankrupted telecoms company audited by Andersen, leased capacity to other telecoms carriers and treated this as immediate revenue.

The Economist

The company, whose accounts had also been audited by Andersen, sacked its chief financial officer, Scott Sullivan.

The Economist

As a lawyer, he represented Ernst & Young and PricewaterhouseCoopers "as they negotiated appropriate independence rules with the SEC", as he puts it.Intense lobbying by accounting firms at the time forced Mr Levitt to agree a compromise whereby the firms would merely disclose each year how much they had earned from selling non-audit services to each firm that they audited.

The Economist

Student and graduate questionnaires were audited for multiple or false entries.

The Economist

Waste Management's accounts are still audited by Andersen.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

— Ben White (@morningmoneyben) February 11 , 2014"Audit the Fed".... "We are already exhaustively audited".... "Shut up, I said AUDIT THE FED!" Updated at 12.47pm ET Facebook Twitter Google plus Share Share this post Facebook Twitter Google plus close 12.33pm ET17 33 Tall order from Rep. David Scott, Democrat of Georgia: "I want a yes-or-no answer.

The Guardian - Business

Expert writing Tips

Best practice

When using "audited", ensure clarity about the scope and methodology of the audit. Specify who conducted the audit and what standards were used to provide context and credibility.

Common error

Don't assume that all audits provide the same level of assurance. The depth and scope of an audit can vary significantly, affecting the reliability of its findings. Always consider the auditor's independence and qualifications.

Linguistic Context

The term "audited" primarily functions as a past participle or past tense verb, indicating that a formal examination or review has been conducted. As Ludwig AI confirms, its role often involves verifying financial records or processes.

Expression frequency: Very common

Frequent in

News & Media

62%

Formal & Business

38%

Science

0%

Less common in

Encyclopedias

0%

Wiki

0%

Social Media

0%

Ludwig's WRAP-UP

The term "audited" functions primarily as a verb form indicating that an examination or review has been performed, typically on financial records or processes. As Ludwig AI confirms, it's grammatically correct and widely used, particularly in news and business contexts. When using "audited", it's important to provide context about the scope and standards of the audit, rather than assuming all audits offer the same level of assurance. Alternatives such as "verified", "examined", and "reviewed" may be suitable depending on the specific nuance you wish to convey.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

verified

Focuses on confirming the accuracy or truth of something, similar to the result of an audit.

examined

Highlights a detailed inspection, similar to one aspect of an audit process.

inspected

Emphasizes a visual or physical check, which can be part of an audit.

reviewed

Suggests a formal assessment, comparable to the overview nature of an audit.

checked

Implies a general verification for correctness, as part of an auditing task.

scrutinized

Highlights a very detailed and critical examination, a key aspect of auditing.

assessed

Focuses on evaluating the quality or value, similar to the evaluative part of an audit.

investigated

Indicates a systematic or formal inquiry, often part of a broader audit.

validated

Focuses on establishing the soundness or correctness, related to the assurance provided by an audit.

accounted for

Highlights that everything has been properly tracked in the books and records.

FAQs

How is "audited" typically used in a sentence?

Typically, "audited" describes the action of reviewing financial records or processes for accuracy and compliance. For example, "The company's financial statements were "audited" by an external firm."

What are some alternatives to using "audited"?

Depending on the context, alternatives to "audited" include "verified", "examined", or "reviewed". Each carries slightly different connotations regarding the depth and focus of the assessment.

What's the difference between "audited" and "reviewed"?

"Audited" generally implies a more thorough and formal examination conducted by an independent party, while "reviewed" suggests a less intensive assessment, often performed internally or with a narrower scope.

In what contexts is the term "audited" most appropriate?

The term "audited" is most appropriate in contexts involving financial statements, compliance checks, and formal assessments of processes or systems where accuracy and adherence to standards are critical.