audited account
- noun
- /ˈɔːdɪtɪd əˈkaʊnt/
- Specialized
:
cuenta auditada
- Investors often request the audited account to verify a company's financial health before making decisions.
Examples
-
Specifically, he adjusts last year's audited account balance given two weighted direct judgments, one based on industry-specific information and one based on client-specific information.
Academic text (2004) -
The company submitted its audited account to ensure compliance with financial regulations.
-
This is a way for auditors to say they do not know if the information in the audited accounts is legitimate, and they are not about to put their professional stamp of approval on it.
Fiction book (2002) -
Information availability can range from requirements such as the publishing of audited accounts that add confidence to capital markets, to the disclosure of procurement procedures and the release of complete national budgets.
Academic text (1992) -
According to the IMF/IDA report, audited accounts are forwarded to legislatures within 12 months of the end of the fiscal year in fewer than one-fifth of the HIPC now receiving debt relief.
Academic text (2001) -
After the review, the board approved the audited account, confirming the accuracy of the financial statements.
Antonyms
How Formal
- Specialized
- Specialized
18
3.6
∞
2.1
168
1.5
- Formal
Surface Forms
Morphology
The meaning is directly and compositionally derived from 'audit' (to examine financial records) + 'account' (a record of transactions); 'audited account' plainly denotes an account that has been examined. This adjectival/past-participial formation is a common, transparent English pattern and would be understandable to a B1 learner who knows the constituent words.
Etymology
The term audited account comes from the practice of an auditor carefully checking a company's account, its money records. When the auditor signs, the audited account shows the numbers were checked and can be trusted, so it means a financial record that is 'correct'.