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Unaudited financial statements definition

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What are Unaudited Financial Statements? An unaudited statement is a financial statement that has been prepared by an auditor , but for which a standard set of audit procedures have not been performed. In addition, the statement must be labeled as unaudited.

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External reporting definition

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Related Courses New Controller Guidebook Public Company Accounting and Finance The Interpretation of Financial Statements What is External Reporting? External reporting is the issuance of financial statements to parties outside of the reporting entity. They must also issue a Form 8-K when certain types of events occur.

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Audited financial statements definition

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Related Courses How to Conduct an Audit Engagement The Balance Sheet The Income Statement The Statement of Cash Flows What are Audited Financial Statements? Audited financial statements are the financial statements of an organization that have been examined by a certified public accountant (CPA).