Financial statement audit definition

Financial statement audit or "opinion audit" means an audit of the financial statements of a credit union performed in accordance with GAAS by an independent person who is licensed by the state. The objective of a financial statement audit is to express an opinion as to whether those financial statements of the credit union present fairly, in all material respects, the financial position and the results of its operations and its cashflows in conformity with GAAP, as defined herein.
Financial statement audit shall have the meaning set forth in Section 7.6.
Financial statement audit or "opinion audit" means an audit of the financial statements of a

Examples of Financial statement audit in a sentence

  • Financial statement audit Our objective is to form an opinion on the financial statements under International Standards on Auditing (UK).

  • Financial statement audit and performance audits are categorized as mandatory audits.

  • Financial statement audit Our objective is to form an opinion on the financial statements under International Standards on Auditing (UK and Ireland).

  • Coordinating the Audit of the Financial Statements with the Audit Procedures on the Supporting Schedules and the Attestation Engagements‌ PCAOB standards require coordination among the audit of the financial statements, the audit procedures on the supporting schedules, and the examination engagement or review engagement.30 Specifically, those standards provide that:• Financial statement audit.

  • The application of these tools in multi-institutional clinical trials can improve their efficiency and cost-effectiveness.

  • R.S. Abrams Results of audit were discussed – ECAF (extra classroom activity fund) and Financial statement audit; Hauppauge School District received a favorable review and unqualified rating (the best rating a district can achieve).

  • Financial statement audit approach We will conduct our financial statement audit of the contracting entity in four primary phases, as shown below.

  • Financial statement audits and external audits constitute the external audit services provided by the Big 4 companies and thus are the focus of this research.Classification based on primary audit objectives Financial statement audit is defined as the examination of financial statements prepared by an entity’s management for its stakeholders to ensure that the information contained in the reports conform to the specific criteria.

  • For Possible Action) Jaime from Ellsworth & Stout – Financial statement audit, specialize in charter schools.

  • The above forms the basis for external reporting and presentations, and to also provide quality assurance 4.7 Statutory AuditAnnual Financial statement audit of the Company is governed by the Companies Act 1994 and Securities and Exchange Rules 1987.


More Definitions of Financial statement audit

Financial statement audit is defined in Section 6.8.
Financial statement audit means an audit conducted by the OIG or an independent public accounting firm in accordance with the Chief Financial Officers Act (CFO) of 1990, the purpose of which is to obtain reasonable assurance that the financial statements of a bureau and office are free of material misstatement. A financial statement audit also means an Indian Trust Funds audit that is required by the CFO Act and that is contracted to an independent public accounting firm.
Financial statement audit means the one that practicing auditors, auditing firms, branches of foreign auditing firms in Vietnam inspect, give their opinions on the truthfulness and rationality in the key respects of the financial statements of the audited units in accordance with provisions of auditing standards.

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