Business, Legal & Accounting Glossary

Definition: Auditor


Quick Summary of Auditor

A person appointed by a company to perform an audit. In the UK auditors are Chartered Accountants.

Auditors are required to certify that the accounts produced by their client companies have been prepared in accordance with normal accounting standards and represent a true and fair view of the company. If they don’t feel able to certify as such, they may ‘qualify’ the accounts by saying that they weren’t able to perform the checks they would have liked to. A qualified auditor’s report is a serious matter for a quoted company, and will send alarms bells though the City.

What is the dictionary definition of Auditor?

Dictionary Definition

  1. One who audits bookkeeping accounts.
  2. In many jurisdictions, an elected or appointed public official in charge of the public accounts; a comptroller.
  3. One who audits an academic course; who attends the lectures but does not earn academic credit.

n. an accountant who conducts an audit to verify the accuracy of the financial records and accounting practices of a business or government. A proper audit will point out deficiencies in accounting and other financial operations. Many counties have an appointed or elected auditor to make independent audits of all governmental agencies in the county government. The term “auditor” is often misused as meaning any accountant.

Full Definition of Auditor

An auditor is an individual qualified at the state level to perform financial and accounting audits. An auditor examines, corrects and verifies the accuracy of financial accounts related to businesses, non-profit organizations and government agencies. The auditor is expected to perform an unbiased evaluation. An auditor can be an internal employee or an external consultant. There is also the IRS auditor, who conducts an inspection of a taxpayer’s return or other related transactions to verify accuracy. An IRS auditor conducts three major types of audits: correspondence, office and field. Because there is always the chance of an auditor showing up at the door, it is recommended that good records are kept to support all data contained within a return. An auditor may also perform an array of additional services such as budget analysis, financial and investment planning, some legal services and technology consulting. Often an auditor is required to have at least a bachelor’s degree in accounting, business administration or another related field.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Auditor. Payroll & Accounting Heaven Ltd.
June 27, 2022
Chicago Manual of Style (CMS):
Auditor. Payroll & Accounting Heaven Ltd. (accessed: June 27, 2022).
American Psychological Association (APA):
Auditor. Retrieved June 27, 2022
, from website:

Definition Sources

Definitions for Auditor are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.