Tag Archives: audit

The term “audit” was coined during the Medieval period, particularly in 12th–13th century England. The word “audit” comes from the Latin word “audire,” meaning “to hear.” In early civilizations, financial records were read aloud to an independent person. That person would listen, question discrepancies, and validate the accuracy of accounts. “Audit” literally began as aContinue reading “Audire – Tool or Fear?”