i was looking for the same answer.... so9 here it goes..
A financial audit, or more accurately, an audit of financial statements, is the verification of the financial statements of an entity. The opinion is intended to provide reasonable assurance that the financial statements are presented fairly, in all material respects, and/or give a true and fair view in accordance with the financial reporting framework (the GAAS requirements)
An unaudited financial statement is that which 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.
hope it helped clear the difference!!
the rough financial figure is called unauditted and financial figures audited by chartered accountants are called auditted
There is a difference between: Worksheet and Balance Sheet
what is the difference between balance n product modulator
Difference (subtraction) = 1 pan
There is no difference between Contingent Liability and Off Balance Sheet Liability.
Actual balance is the real balance while avialable balance is the physical balance
However, if there is a material difference between the expected and actual balance, the auditor will investigate this difference further. At this point the auditor will develop an explanation for the difference.
The difference between adjusted and Un-adjusted trial balance is that in adjusted trial balance the items of balance sheet and income statement are randomly but in adjusted trial balance the items are in tabular form.
it is good na dfavourable for an erconomy
the balance of trade is how much you receive the balance of payment is how much you pay
The balance is the difference between the totals of the credit and debit sides of a financial account.
a beam balance measures mass while a spring balance measures weight
i really dont know
The balance of trade.
beam balance not give weight in points but electronic balance give weight in points
The difference between the value of imports and exports of a country is the balance of trade. It is a country's largest component of balance of payments.
Balance of payment is the difference between the money coming into the country and the money leaving the same country.
the balance between benefit and cost with the largest difference.
What do they mean by the checks and balance systems of the American Government?
A scale is used for weight, a balance is used for mass.