|
|
AUD |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
AUDThe ISO 4217 currency code for Australian Dollar currency.AUD Similar MatchesInsider Trading & Securities Fraud Enforcement Act of 1988 (ITSFEA)Insider Trading & Securities Fraud Enforcement Act of 1988 (ITSFEA)Federal legislation that greatly increased the penalties for trading on material inside information. FraudulentFraudulentInvolving criminal deception or dishonesty. AuditorAuditorA person appointed by a company to perform an audit. In the UK auditors are Chartered Accountants.Auditors are required to certify that the accounts produced by their client companies have been prepared in accordance with normal accounting standards and represent a true and fair view of the company. If they don't feel able to certify as such, they may 'qualify' the accounts by saying that they weren't able to perform the checks they would have liked to. A qualified auditor's report is a serious matter for a quoted company, and will send alarms bells though the City. Post auditPost auditA set of procedures for evaluating a capital budgeting decision after the fact. Auditor's reportAuditor's reportThe report produced by a firm of Chartered Accountants which is part of a company's annual Report and Accounts.Auditors are required to certify that the accounts produced by their client companies have been prepared in accordance with normal accounting standards and represent a true and fair view of the company. If they don't feel able to certify as such, they may 'qualify' the accounts by saying that they weren't able to perform the checks they would have liked to. A qualified auditor's report is a serious matter for a quoted company, and will send alarms bells though the City. Further SuggestionsAudit trailTax audit audit |
|
|
|