audited statement

(redirected from Certified Financial Statement)

Audited Statement

A financial statement that an auditor has prepared according to the Generally Accepted Auditing Principles (GAAP). Audited statements are subject to more rigorous standards than unaudited statements and, as such, are less prone to errors. An audited statement should not be confused with an auditor's opinion.

audited statement

A financial statement that is prepared according to generally accepted auditing standards. Compare unaudited statement.
References in periodicals archive ?
Buyer must pre-qualify with bio and certified financial statement.
9) For this purpose, an asset's economic useful life is determined by reference to the taxpayer's treatment of the item as capital or expense in its "applicable financial statement" if it has one (such as an SEC filing or another certified financial statement produced for a substantive, non-tax purpose).
Tenders are invited for Provide services in connection with the preparation of its annual certified financial statement, single audit report, and National Transit Database review for fiscal year 2016 and an option for up to four additional fiscal years.
Certified financial statements, duly certified by Chartered Accountant(CA) for the past three
Financial statements that have been reviewed by an outside accountant are referred to as certified financial statements.
Investigation, mayors permit and certified financial statements, among others.
The new reality is that companies must choose between certified financial statements and confidential and privileged tax advice.
For purposes of this rule, the technical corrections will probably indicate that a restatement of previously filed and certified financial statements that occurs after June 30, 2003 does not alter the statement's status as having been filed and certified before July 1, 2003.
The old system required numerous attachments, including a safety fitness rating and certified financial statements.
This psychological resistance on the part of our customers to releasing financials prior to agreeing to lease terms puts them on an uneven playing field, since they are competing with four or five other tenants who immediately submit strong, certified financial statements with submission of their proposals.
La Stella also said his tiny engineering firm will release, over the next several weeks, certified financial statements for 1997, begin quarterly financial filings with the SEC and apply for a patent on its engine technology.
He gave the bank certified financial statements with an unqualified opinion that indicated that CM's total assets were almost $3.

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