Audit vs. Evaluation
Auditnoun
A judicial examination.
Evaluationnoun
An assessment, such as an annual personnel performance review used as the basis for a salary increase or bonus, or a summary of a particular situation.
Auditnoun
An examination in general.
Evaluationnoun
(mathematics) A completion of a mathematical operation; a valuation.
Auditnoun
An independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures
‘National Assembly audit’;
Evaluationnoun
Determination of the value of a variable or expression.
Auditnoun
The result of such an examination, or an account as adjusted by auditors; final account.
Evaluationnoun
Valuation; appraisement.
Auditnoun
(Scientology) Spiritual counseling, which forms the core of Dianetics.
Evaluationnoun
act of ascertaining or fixing the value or worth of
Auditnoun
(obsolete) A general receptacle or receiver.
Evaluationnoun
an appraisal of the value of something;
‘he set a high valuation on friendship’;
Auditnoun
(obsolete) An audience; a hearing.
Evaluationnoun
the making of a judgement about the amount, number, or value of something; assessment
‘an initial evaluation of the programme’; ‘the evaluation of each method’;
Auditverb
To examine and adjust (e.g. an account).
‘to audit the accounts of a treasure, or of parties who have a suit depending in court’;
Evaluation
Evaluation is a systematic determination of a subject's merit, worth and significance, using criteria governed by a set of standards. It can assist an organization, program, design, project or any other intervention or initiative to assess any aim, realisable concept/proposal, or any alternative, to help in decision-making; or to ascertain the degree of achievement or value in regard to the aim and objectives and results of any such action that has been completed.
Auditverb
To conduct an independent review and examination of system records and activities in order to test the adequacy and effectiveness of data security and data integrity procedures, to ensure compliance with established policy and operational procedures, and to recommend any necessary changes
Auditverb
(Scientology) To counsel spiritually.
Auditverb
To attend an academic class on a not-for-academic-credit basis.
Auditnoun
An audience; a hearing.
‘He appeals to a high audit.’;
Auditnoun
An examination in general; a judicial examination.
Auditnoun
The result of such an examination, or an account as adjusted by auditors; final account.
‘Yet I can make my audit up.’;
Auditnoun
A general receptacle or receiver.
‘It [a little brook] paid to its common audit no more than the revenues of a little cloud.’;
Auditverb
To examine and adjust, as an account or accounts; as, to audit the accounts of a treasure, or of parties who have a suit depending in court.
Auditverb
To settle or adjust an account.
‘Let Hocus audit; he knows how the money was disbursed.’;
Auditnoun
an inspection of the accounting procedures and records by a trained accountant or CPA
Auditnoun
a methodical examination or review of a condition or situation;
‘he made an audit of all the plants on his property’; ‘an energy efficiency audit’; ‘an email log audit’;
Auditverb
of accounts and tax returns; with the intent to verify
Auditverb
attend academic courses without getting credit
Audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, and evaluate the propositions in their auditing report.Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement.
