0 present participle of audit
1 to make an official examination of the accounts of a business and produce a report
2 to go to a class or educational course for pleasure or interest, without being tested or receiving a grade at the end:
As a senior citizen, he is allowed to audit university classes.
Intuitively, higher taxes induce greater corruption, which in turn necessitates greater auditing.
Identifying such issues reveals everyday working practices that may not be apparent by auditing policies and procedures.
Central government auditing and other mechanisms of administrative control evidently proved inadequate to ensure that the benefit was administered as central government desired.
Such auditing is consistent with the standards followed by the pharmaceutical industry in the preparation of regulatory files.
Even if on a rare occasion auditing was carried out, especially due to public pressure, the results were rarely made open to the public.
A related reform focus is the overhaul of accounting and auditing systems.
Our assumption implies that the expected cost of verification is not only increasing but also weakly convex in the range of states subject to auditing.
For central government, maintaining bureaucratic monitoring and auditing systems is costly.
