audited statement

(redirected from Audited Statements)

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 ?
The documents like annual report, audited statements of account and annual budget are given to all those who participate in the AGM.
Other than passing the audited statements of accounts and budget, the calendar of activity approved by the SAFF EXCO was ratified by the congress.
The proposal would make changes to Rule 3-10 and Rule 3-16 to reduce instances where companies have to file audited statements for affiliates when those affiliates' stocks are pledged as collateral for a debt offering.
ISLAMABAD -- Pakistan Sports Board (PSB) Friday said grants will only be released to those National Sports Federations who have submitted their last year's audited statements of accounts.
We hear of unqualified people conducting "audits", producing audited financial statements that are then taken to dodgy licenced firms that issue the same accounts as audited statements. There are other audit firms who act as book-keepers and finance managers, and issue audited statements for the same client, resulting in a heady conflict of interest.
He directed all managing directors of the PIA to furnish last 10 years' audited statements of the organisation.
ISLAMABAD -- The Chief Justice Mian Saqib Nisar Friday directed Managing Director Pakistan International Airline (PIA) to submit last ten years audited statements of the airline's accounts.
Besides, Mandatory submission of Audited statements of accounts as well as Utilization Certificate pertaining to the releases and field inspections by Officers from State Government / Central Government is being done.
In the context of the firm's Corporate Social Responsibility plan, Baker Tilly in South East Europe has been supporting the EV-ZO Association on an annual basis, by preparing the Association's audited statements, free of charge.
registered net sales of P3.7 billion and a net income of P269 million based on its audited statements for the three-month period ending March 31, 2016.
Some local and state governments also provide increased work and project award capacity to construction companies with audited statements.
The Canadian court likewise required Apple to release its marketing strategies and pricing plans, as well as quarterly audited statements showing revenues and profits.