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What is the difference between audited accounts and unaudited accounts?
the rough financial figure is called unauditted and financial figures audited by chartered accountants are called auditted
What is accountability audit?
A draft audited accounts: When the external auditors of a company have finished the audt of the company, a draft accounts will usually be prepared. It is called a draft because it is still subject to "alteration" as it has not been finalised. An external auditor will have to sign a fully audited accounts but will not append such signature unless the accounts is finalised in all aspects. So, we may say a draft audited accounts is an accounts already audited by the external auditors but which is still subject to alterations and will eventually become a final audited accounts onces all alterations have been effected and the accounts signed by both the external auditors and the board of directors of the company.
How long should you keep bank statements?
YOu should keep bank statement for 7 years, in case you get audited
Should Accounts be capitalized in accounts payable?
Accounts Payable should be capitalized if using the phrase as a proper noun. If not then it does not need to be capitalized.
Receipts for tax deductions?
Yes, you should keep them. Always assume that you're going to be audited and have to prove every item.
What is draft audited accounts?
A draft audited accounts: When the external auditors of a company have finished the audt of the company, a draft accounts will usually be prepared. It is called a draft because it is still subject to "alteration" as it has not been finalised. An external auditor will have to sign a fully audited accounts but will not append such signature unless the accounts is finalised in all aspects. So, we may say a draft audited accounts is an accounts already audited by the external auditors but which is still subject to alterations and will eventually become a final audited accounts onces all alterations have been effected and the accounts signed by both the external auditors and the board of directors of the company.
What is the difference between audited accounts and unaudited accounts?
the rough financial figure is called unauditted and financial figures audited by chartered accountants are called auditted
What is accountability audit?
A draft audited accounts: When the external auditors of a company have finished the audt of the company, a draft accounts will usually be prepared. It is called a draft because it is still subject to "alteration" as it has not been finalised. An external auditor will have to sign a fully audited accounts but will not append such signature unless the accounts is finalised in all aspects. So, we may say a draft audited accounts is an accounts already audited by the external auditors but which is still subject to alterations and will eventually become a final audited accounts onces all alterations have been effected and the accounts signed by both the external auditors and the board of directors of the company.
Why do accounts need to be audited?
To check that everything is correct.
Can a equity loan get audited for predatory lender?
If you feel you are a victim of predatory lending then by all means it should get audited
What do you understand about our company before sending your application CV for consideration?
You should ask to see audited versions of the income statement, balance sheet, and cash-flow statement. You should see a list of revenues by customer (to make sure no customer accounts for no ore.
How do you spell autided?
Perhaps you mean audited as in being audited by the IRS
What is meant by write off of accounts what is write off of accounts?
Two possibl meanings :- The years annual balance sheet has been audited and thereby that years accounts are 'written off'. A possible debt owed to the business is said to be 'written off' if the payer goes out of business/ is liquidated.
How long should you keep bank statements?
YOu should keep bank statement for 7 years, in case you get audited
Should it be Matthew and Mark's accounts or should it be Matthew's and Mark's accounts?
"Matthew and Mark's accounts" is correct.
What should you back up on your computer?
files. Back up everything for 2 years in case you are audited.
What does 'Co. Ltd.' mean?
The full form of Co. Ltd. is "Company Limited." Investors or members of a limited company are liable only for what they have invested. In the Board of Directors there may be representatives from Govt. bodies and accounts must be audited by chartered Accountants.
