Outrageously Funny Word Dictionary :: Audits

👉 Audit, in accounting and finance, is a process by which an auditor examines financial statements for accuracy and compliance with auditing standards. Auditors are responsible for verifying that the financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) and other relevant accounting standards. Audits typically involve reviewing records, interviewing individuals involved in the preparation of the financial statements, and examining the systems and procedures used to record transactions. The goal is to ensure that the financial statements provide a true and fair view

audits

👉 Audits? That's like the time you were having the most hilarious party ever and your friend decided to make you do a fake audit of their new laptop. It's as if they wanted everyone else in the room to know how terrible that laptop was.

Example: "You know what I'm thinking about my laptop today? Like, 'Wow, it looks like some sort of giant monster from outer space has been sneaking into it.' And then you come in and I start checking all the little parts with a magnifying glass, trying to make sure everything's fine. But guess what? It turns out that one of those screws was actually made of super-strong glue, making my laptop fly out of its holder like crazy."