English Dictionary |
AUDITED ACCOUNT
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Dictionary entry overview: What does audited account mean?
• AUDITED ACCOUNT (noun)
The noun AUDITED ACCOUNT has 1 sense:
1. an inspection of the accounting procedures and records by a trained accountant or CPA
Familiarity information: AUDITED ACCOUNT used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
An inspection of the accounting procedures and records by a trained accountant or CPA
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
audit; audited account
Hypernyms ("audited account" is a kind of...):
accounting; accounting system; method of accounting (a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts)
Meronyms (parts of "audited account"):
bottom line (the last line in an audit; the line that shows profit or loss)
Hyponyms (each of the following is a kind of "audited account"):
financial audit (an attestation that the client's financial statement is accurate)
limited audit (an audit of limited scope (limited in time span or confined to particular accounts etc.))
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