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

The Ultimate Dictionary Awaits

Expand your vocabulary and dive deeper into language with Merriam-Webster Unabridged.

1. Expanded definitions
2. Detailed etymologies
3. Advanced search tools
4. All ad-free

Discover what makes Merriam-Webster Unabridged the essential choice for true word lovers.

Start Your Free Trial Now