To check that everything is correct.
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.
the rough financial figure is called unauditted and financial figures audited by chartered accountants are called auditted
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.
Perhaps you mean audited as in being audited by the IRS
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.
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.
The Bookkeeper is required to maintain the books. The accountant has to check the accuracy of the bookkeeper and finally the accounts are audited by he auditors to verify the completeness and accuracy.
The IRS does release names of people that they have audited. So there is no information if Sharon Denise Smallwood was audited this year.
If you feel you are a victim of predatory lending then by all means it should get audited
Unqualified audited financial statement is set of financial statements which are audited by external financial auditors and found "True and fair view" of financial statements and clear from any fraud etc.
You need to report everything relate to money on your income taxes. This includes gains and losses. If you don't report this stuff you could get audited.
this was from a previous years filing, they audited and it had to be paid back