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Definitions from the Web

Term: Unaudited

Part of Speech: Adjective

1. Definition: Not subjected to an official examination or audit, particularly referring to financial records or statements.

Example Sentence 1: The unaudited financial reports raised concerns among the investors and prompted them to demand an independent examination.

Example Sentence 2: The company decided to release the unaudited quarterly results to provide a preliminary indication of their financial performance.

Part of Speech: Verb

1. Definition: The act of not officially examining or auditing something, such as financial records or statements.

Example Sentence 1: Due to limited resources, the organization had to unaudit some of the subsidiary companies this year.

Example Sentence 2: The government decided to unaudit certain tax returns temporarily, as they aimed to prioritize other tax enforcement activities.

Part of Speech: Noun

1. Definition: A document or statement that has not undergone an official examination or audit, particularly in the context of finances.

Example Sentence 1: Investors should be cautious when making decisions based on unaudited financials as they may not accurately represent the company's financial health.

Example Sentence 2: The unaudited report, although providing some insights, cannot replace the accuracy and reliability of an independently reviewed audit report.

Related Products (Amazon Search):

Financial Auditing Books

Auditing Software