Audited
/ˈɔːdɪtɪd/
adjectiveIntermediateCommonGeneral
Meaning
Questions
Definitions
1
Having been officially examined and verified.
/ˈɔːdɪtɪd/
adjectiveneutralIntermediate
General
Having undergone an audit.
The audited report revealed several discrepancies.
💡 Simply: Checked and verified officially.
More Examples
2
We need audited financial statements before investing.
How It's Used
Accounting
"The company's financial statements were audited by an independent firm."
Finance
"The audited accounts showed a significant profit."
From Middle English *audited, from Old French *audier, from Latin *auditus, past participle of *audire "to hear". Originally referring to a formal hearing or examination; the modern financial sense developed later.
The word initially referred to a formal hearing; its use in finance developed gradually from the 18th century onwards.
Memory tip
Think of 'audited' as 'heard' – the accounts have been 'heard' and examined.
Practice
auditeddauditedtauditeds
Usage
10%Spoken
90%Written