Business Terms and Jargon Explained

What is Audit Report

This is a report made by the auditors stating that their opinion is based on the information supplied to them by the directors and that it gives a fair assessment of the financial affairs of the company. It is a legal requirement to have this statement in the published accounts.

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The Bar Mitigation Deferred sentence
IDE Human capital Discretionary Trust
Tenant Stet Committal proceedings
Annual exemption Real Exchange Rate Freehold
CRN Cash Flow Forecast Inti
Not negotiable Codicil Registry
High Court Next of kin W3C
Procurement Statutory register Core Competencies
Internal Control Gross value added - GVA Nemo dat quod non habet
LIBO CRC32 QR code
Winding up WCO Customs Duties
Profit and Loss Responsibility Public trustee Gain Traction

Term created / updated 2005-10-24 12:37:34

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