internal audit

noun

1
: a usually continuous examination and verification of books of account conducted by employees of a business
contrasted with independent audit
2
: a review of systems of internal check and internal control of a business

Word History

First Known Use

1915, in the meaning defined at sense 2

Time Traveler
The first known use of internal audit was in 1915

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Dictionary Entries Near internal audit

Cite this Entry

“Internal audit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/internal%20audit. Accessed 19 Jul. 2024.

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