audit of statutory accounts

См. также в других словарях:

• statutory — stat‧u‧to‧ry [ˈstætʆtri ǁ tɔːri] adjective LAW fixed or controlled by law: • Some trustees have special statutory powers of investment. • This statement does not affect the statutory rights of the consumer. statutorily adverb : • a statutoril …   Financial and business terms

• audit — detailed checking of the financial records of a business by an independent qualified person ( auditor) in order to verify their correctness or to detect errors or fraud. Glossary of Business Terms An examination of a company s accounting records… …   Financial and business terms

• Statutory Audit — A legally required review of the accuracy of a company s or government s financial records. The purpose of a statutory audit is the same as the purpose of any other audit to determine whether an organization is providing a fair and accurate… …   Investment dictionary

• Audit — For other uses, see Audit (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management  …   Wikipedia

• audit exemption — The exemption from statutory audit by a registered auditor that can be claimed by certain small companies. Companies with a turnover of not more than £1 million and a balance sheet total of not more than £1.4 million may be totally exempt from… …   Accounting dictionary

• audit exemption — The exemption from statutory audit by a registered auditor that can be claimed by certain small company Companies with a turnover of not more than £1 million and a balance sheet total of not more than £1. 4 million may be totally exempt from… …   Big dictionary of business and management

• statutory audit — An audit of a company as required by the Companies Act (1985), subject to small company exemptions. The auditors are required to report to the company s members on all accounts of the company, copies of which are laid before the company in… …   Accounting dictionary

• statutory audit — An audit of a company as required by the Companies Act (1985), subject to small company exemptions. The auditors are required to report to the company s members on all accounts of the company, copies of which are laid before the company in… …   Big dictionary of business and management

• audit — An independent examination of, and the subsequent expression of opinion on, the financial statements of an organization. This involves the auditor in collecting evidence by means of compliance tests (tests of control) and substantive tests (tests …   Accounting dictionary

• audit — An independent examination of, and the subsequent expression of opinion on, the financial statements of an organization. This involves the auditor in collecting evidence by means of compliance tests (tests of control) and substantive tests (tests …   Big dictionary of business and management

• audit expectations gap — The gap between the role of an auditor, as perceived by the auditor, and the expectations of the users of financial statements. It may be subdivided into a gap in communications and a gap in performance. The communications gap is caused by public …   Accounting dictionary