auditing

USAGE SUMMARY

"auditing" is a correct and usable word in written English.
It can be used as a noun or a verb and is defined as the act of examining and verifying financial records. Example sentence: The company conducted an audit to ensure its financial documents were accurate.

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

But auditing my wardrobe – well, rifling through my drawers – was a shock.

The Guardian

Updated at 1.03pm ET Facebook Twitter Google plus Share Share this post Facebook Twitter Google plus close 1.00pm ET18:00 Yellen is still answering questions about auditing the Fed.

The Guardian - Business

Baird said he would be urgently auditing these donations: "I have told the party's new state director, as a matter of urgency, to investigate the allegations made at ICAC and respond to them promptly – including by dealing with any payments that have been made to the party in contravention of the law," Baird said.

The Guardian

Rep Bill Posey, REpublican of Florida, uses one of them to re-ask the Bachmann question about auditing the Fed.

The Guardian - Business

Why do you oppose auditing the Fed, she asks Yellen.

The Guardian - Business

It would inevitably raise the cost of auditing for firms, as the accountant's former clients rush to find someone else to audit their accounts.

The Economist

The biggest of them all, PricewaterhouseCoopers, derived only about 40% of last year's revenues of $19.6 billion from traditional accounting and auditing services.The firms are diversified conglomerates that span the globe hand-in-hand with their clients.

The Economist

It showed that companies such as Motorola, Gap and Raytheon paid their auditors more than ten times as much for consulting as for auditing.

The Economist

More important, though, is an independent frame of mind, and most boards tend to crush that rather than encourage it.In the absence of adequate internal policemen, what other system of auditing the auditors might be effective?

The Economist

But of the $52m in fees it earned from the firm, more than half, $27m, derived not from auditing its books, but from providing other services.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

We do not believe this is a superior answer for auditing .Board stiffsThe Enron affair has also highlighted the failure of companies' internal audit committees (a subset of their board) to police their auditors properly.

The Economist

Expert writing Tips

Best practice

When discussing "auditing", specify the type of audit (e.g., financial audit, tax audit, compliance audit) for clarity.

Common error

Avoid using "auditing" interchangeably with "consulting". "Auditing" focuses on verification and compliance, while "consulting" involves providing advice and solutions.

Linguistic Context

The term "auditing" primarily functions as a noun, denoting the process of examining financial or operational records. As noted by Ludwig, it can also function as the present participle of the verb "audit". Examples from Ludwig showcase its usage in various contexts, such as "auditing the Fed" or "auditing donations".

Expression frequency: Very common

Frequent in

News & Media

45%

Formal & Business

35%

Science

10%

Less common in

Academia

5%

Encyclopedias

3%

Wiki

2%

Ludwig's WRAP-UP

The term "auditing" is a well-established term in the English language that is primarily used as a noun. The examples extracted by Ludwig show that it is used to describe the process of examining financial or operational records. The term is commonly used in news, business, and to a lesser extent, scientific contexts. Ludwig AI confirms that it is a valid English word, used to describe the act of examining and verifying financial records. It's important to be precise about the specific type of "auditing" being discussed to avoid ambiguity, and also distinguish it from similar activities such as consulting.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financial review

Focuses specifically on financial records and performance.

compliance check

Emphasizes adherence to rules and regulations.

inspection

A broader term for examining something carefully.

verification process

Highlights the act of confirming accuracy and validity.

due diligence

Focuses on the thoroughness of the investigation.

independent examination

Emphasizes the impartiality and scrutiny involved.

systematic assessment

Highlights the methodical nature of the evaluation.

performance evaluation

Centers on the assessment of effectiveness and efficiency.

records examination

Specifies the review of documents and data.

internal controls review

Focuses on the assessment of risk and fraud mitigation.

FAQs

How is "auditing" used in a sentence?

You can use "auditing" to describe the process of examining financial records, as in "The company is undergoing an annual auditing process."

What's a good alternative for "auditing"?

Depending on the context, alternatives to "auditing" could include "financial review", "compliance check", or "inspection".

Is it correct to say "audit" instead of "auditing"?

Yes, "audit" and "auditing" can be related but have different uses. "Audit" is often a noun referring to the process itself, while "auditing" is the present participle or gerund form of the verb, referring to the act of performing an audit.

What's the difference between "auditing" and "accounting"?

"Accounting" is the process of recording financial transactions, while "auditing" is the independent examination of those records to ensure accuracy and compliance. They are related but distinct functions.