audited 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 ?
Agency/Firm/Company should submit Audited Statement of Accounts for the
One of the achievements of the project was that many Diocesan Social Work organizations started publishing their audited statement of account along with their annual report.
Athabasca Chipewyan First Nation did not file its financial audited statement with AANDC.
The audited statement of account relating to transfer of this amount to the equity of DMRC shall be furnished to Urban Development Ministry after the close of financial year with a certificate that the amount has been utilised for the purpose it was sanctioned, the official added.
The Task Force Committee, which is headed by Imtiaz Gillani, Vice Chancellor, University of Engineering and Technology, Peshawar, will submit Audited Statement of Accounts of Expenditure.
Imtiaz Gillani will submit Audited Statement of Accounts of Expenditure.
CoGS, at its spring meeting March 14 to 17, did not discuss the budget, pending an audited statement.
The meeting approved the audited statement and recommended the distribution of $0.
For purposes of tabling in Parliament, every year the Council submits to the Minister of Health and Social Services a report of its activities during such financial year, together with a copy of the audited statement and the balance sheet in respect of the financial year concerned.
Certified or audited statements reduce the perceived risk that a buyer associates with the accuracy of financial reporting since the CPA firm preparing the audited statement is certifying as to its accuracy, that financial records have been maintained in form and substance adequate for preparing audited statements in accordance with GAAP (Generally Accepted Accounting Principals) and it has conducted a certain level of due diligence.
Ed Wakefield advised that he had provided a package of information to members of council questioning the financial reports and business plan for the proposed Brant Cultural Centre, noting that he has been unable to obtain an audited statement from the Friends of Paris Culture.
19, when it expects to file an audited statement with the Securities and Exchange Commission, which would include the company's acquisition of Photonic Products.