Translation of audit in Spanish:

audit

auditar, v.

Pronunciation /ˈɔdət/ /ˈɔːdɪt/

transitive verb

  • 1

    Business Finance
    (accounts/books) auditar
    • It is illegal for a director to audit his own company's accounts.
    • However, when accounting firms audit businesses that they also serve as consultants, they lose their independence.
    • Any severe, firmwide sanction, such as a one-year ban on auditing public companies, could put an accounting firm out of business.
    • In the case of a company, the working papers of the company auditor (who audits the accounts prepared by the company's accountant) are the auditor's property.
    • Government authorities will be given the power to inspect and audit companies which export military-related equipment under new laws to be introduced later this year.
    • The Companies Act 1990 prohibits an ‘officer or servant’ of a company from auditing his company's accounts.
    • Or, if you're auditing a company with two sales each year, it's unlikely that a sale will be recorded incorrectly.
    • Assume you are auditing a large company that has lots of complex contracts.
    • Currently, spouses, children, and even nearby in-laws of partners are not allowed to hold stock in companies audited by those partners.
    • The full year 2000 audited accounts are due out very shortly.
    • The nominally independent Financial Accounting Standards Board defines accounting and auditing standards.
    • The association said public accountants would only audit their financial reports if they complied with auditing standards.
    • In January, the British government also unveiled a plan to set up a single regulator to oversee accounting and auditing standards and called on firms to rotate audit partners every five years.
    • They are either running big corporations, or auditing their accounts.
    • His office audits accounts of all public sector bodies and where attention needs to be drawn to outstanding issues a statement is issued.
    • On a rainy morning in December last year, my son, a certified public accountant, went out to audit the accounts of a corporation when he suddenly slipped and fractured his right thigh.
    • Client money is kept in a segregated client account, which is audited each year by one of the big four accountancy firms.
    • Subsequently they alleged that the accounts had been negligently audited.
    • He said: ‘It's nonsense for him to say that the accounts were not audited because auditing firms were on Christmas break.’
    • This will be confirmed when the public accounts are audited.
  • 2US

    University
    asistir como oyente a
    • You may be able to audit classes, attend without receiving any academic credit.
    • While auditing a class taught by Robert Lowell at Boston University, Sylvia met another poet hell-bent on suicide, Anne Sexton.
    • Then for my final grade, the university said I was auditing the class, even though I got an A.
    • He was only auditing the class at the time, so he refused to take part in the experiment.
    • I just audited the class once and it was exactly what I wanted.
    • The can also write a novel, tackle advanced math problems, go on hikes, or even audit classes in college.
    • This summer some kids who are in companies now like Pennsylvania Ballet and Carolina Ballet came back to audit classes during their time off.
    • He wants to challenge Wellington's policy of allowing non-enrolled students from underprivileged backgrounds to audit classes for free.
    • Totally unexpectedly, at the age of eighteen, Emmy decided that she would not become a schoolteacher but that instead she would spend the next two years auditing classes at the University of Erlangen.
    • Typically these classes are term-length in duration and may be audited or taken for credit to be applied to a certificate or degree program.
    • He audited a couple of classes and worked part time to make the time pass.

noun

  • 1

    Business Finance
    • 1.1(inspection)

      auditoría feminine
      audit report informe de auditoría
      • We have an independent audit and accountants say the Duchy is being run according to all modern accounting practices.
      • The member states were persuaded that an independent audit body was warranted, given the emergence of an EU budget with supranational characteristics.
      • Like many other professions involving large volumes of cash transactions, vets also come under the scrutiny of tax officials in audits.
      • The independent audit and inspection report for 2002 censures the council for soaring rent and council tax arrears and for poor financial control of its housing maintenance department.
      • The leading Russian oil companies have all announced big increases this year, following independent international audits.
      • In the case where a company is exempt from an audit, the accountant will still prepare the company's accounts to comply with accounting standards and statutory formats.
      • We want to know how often an internal audit or an independent audit has been carried out.
      • An initial meeting should occur during the planning stage of the audit to discuss new accounting, auditing or regulatory issues affecting the organization.
      • The second moral is: there needs to be an independent audit and investigation of the colonel and his various bank accounts.
      • And be extra cautious if the company has never undergone an audit from an outside accounting firm.
      • He developed not only bookkeeping rules but also the procedures for preparing periodic income statements and budgets and performing independent audits.
      • This is an independent state audit body in charge of the fiscal management and control of public bodies, with particular regard to the way that State assets are used.
      • The decision to cut back followed an audit by independent consultants.
      • The audit covers the last fiscal year, which ended in September.
      • Out-of-control spending, he says, will be addressed by launching an independent audit of the state budget to pinpoint what is being ‘wasted and mismanaged’.
      • Before beginning his audit, the inspector will give the taxpayer an opportunity to make a full disclosure about any areas of the taxpayer's affairs that are not in order.
      • The major objective was to discover fraud much more quickly than it could be discovered by a public accountant during an annual audit.
      • We conducted our audits in accordance with auditing standards generally accepted in the United States of America.
      • It will also examine the audit system and other internal controls within the bank.

    • 1.2US (report)

      informe de auditoría masculine

  • 2

    (of plant, premises)
    inspección feminine