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 the Q2 FY 2016-17 is Rs.
The company's operating result rose slightly to an unaudited loss of EUR12.
Tortoise Energy Infrastructure Corporation (Tortoise Energy) (NYSE: TYG), an energy infrastructure company, has announced its unaudited total assets effective July 31, 2009.
I conduct an experiment to examine the effects on investor judgments of hyperlinking unaudited information to a firm's audited financial statements.
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.
SCOLR Pharma Inc (PINK: SCLR), a specialty pharmaceutical company, announced on Wednesday the unaudited net sales of its nutritional products for the fourth quarter and year ended December 31, 2011, and the first quarter ended March 31, 2012.
For the twelve months ended December 31, 2006, unaudited gross revenues totaled approximately $7.
M2 EQUITYBITES-February 17, 2012-Orient Paper anticipates unaudited net income of approximately USD21.
MFIC Corporation ("MFIC" or the "Company") (OTCBB: MFIC) announced today its preliminary and unaudited fourth quarter and fiscal 2006 revenue results.
NTPC Limited, India s largest power generating company having an installed capacity of 42454 MW has announced unaudited financial results for the third quarter of financial year 2013-14.
For the 12 months ended 31 December 2011, unaudited Brand Addition total revenue was GBP65m.