Audio is one dimensional, so it doesn't use matrices but just arrays (called subbands).
And you can't get too hard into psychoacoustic coding, because people will play compressed audio through all kinds of speakers or EQs that will unhide everything you tried to hide with the psychoacoustics. But yes, it's similar.
(IIRC, the #1 mp3 encoder LAME was mostly tuned by listening to it on laptop speakers.)
I know one mix studio that has a large selection of monitors to listen to a mix through ranging from the highest of high end studio monitors, mid-level monitors, home bookshelf speakers, and even a collection of headphones and earbuds. So when you say "check it on whatever you have available", you have to be a bit more specific with this guy's setup
And you can't get too hard into psychoacoustic coding, because people will play compressed audio through all kinds of speakers or EQs that will unhide everything you tried to hide with the psychoacoustics. But yes, it's similar.
(IIRC, the #1 mp3 encoder LAME was mostly tuned by listening to it on laptop speakers.)