Plaudit organisation bestowed on inspector (7)

I believe the answer is:

auditor

I'm a little stuck... Click here to teach me more about this clue!

'inspector' is the definition.
(thesaurus)

'plaudit organisation bestowed' is the wordplay.
'AUDITOR' is hidden within the letters.
However, I am uncertain how the hidden word is indicated.

'on' is the link.

Can you help me to learn more?

(Other definitions for auditor that I've seen before include "Accountant - listener" , "He'll check the accounts" , "Listener; checker" , "Account inspector" , "Worker in accounts" .)

I've seen this clue in The Irish Times.

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