unaudited statement

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Unaudited Statement

A financial statement that an auditor has prepared, but not according to the Generally Accepted Auditing Standards (GAAS). Auditors preparing unaudited statements are required to issue a disclaimer stating that they are not rendering opinions and that the statement does not abide by the GAAS. Unaudited statements are subject to less rigorous standards than audited statements and, as such, are more prone to errors.

unaudited statement

A financial statement prepared by an auditor but not in accordance with generally accepted auditing standards. Unaudited statements are prepared to less rigorous standards than audited statements. Compare audited statement.
References in periodicals archive ?
The unaudited total income for Q3 of financial year 2013-14 is Rs.
THE INFLUENCE OF UNAUDITED VALUES ON AUDITOR EXPECTATIONS
We will post financial reports such as this Unaudited Financial Statement as we work toward acceptance on the OTC:BB.
The Company's unaudited financial statements for the quarterly period ended September 30, 2006, as well as the call-in and replay numbers for ACIH, Inc.
03% on an unaudited basis for fiscal 2006, though this was a decrease from 9.
Unaudited sales for the nine-month period ending Nov.
The high dependence on governmental payors, representing approximately 66% of gross revenues in fiscal 2006 on an unaudited basis, is also a key credit risk as its exposes AVRMC to potential legislative reimbursement cutbacks.
The Company's unaudited financial statements for the quarterly period ending March 31, 2006, as well as the call-in and replay numbers for ACIH, Inc.
The Company now has preliminary unaudited results from this reconciliation project and currently is in the process of completing its final review.
Despite the difficulties encountered in 2005 we are pleased that 2005 unaudited revenues exceed audited revenues in 2004," said Andres Fernandez, President and CEO of American Ammunition, Inc.
This news announcement contains certain forward-looking statements that are based upon current expectations and certain unaudited pro forma information that is presented for illustrative purposes only and involves certain risks and uncertainties within the meaning of the U.
Atrium's preliminary unaudited 2004 year-end financial statements, as well as its preliminary unaudited restated 2003 financial statements, may be obtained by e-mail request to DraftAtriumInfo@atrium.