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Standards and Audit Committee C Conference Room 1, First Floor, Fife House, Glenrothes Thursday, 11th August 2016 1.30 p.m. (please note earlier start time of meeting) AGENDA Page Nos. 1. APOLOGIES
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What is standards and audit?
Standards and audit refer to the process of ensuring that a company's financial statements are accurate and in compliance with regulatory requirements.
Who is required to file standards and audit?
Companies, organizations, and other entities that are required to comply with financial reporting standards are required to file standards and audit.
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Standards and audit are filled out by a qualified auditor who examines the company's financial records and issues a report on their accuracy and compliance.
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The purpose of standards and audit is to provide assurance to stakeholders that a company's financial statements are accurate and reliable.
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The auditor must report on the company's financial position, performance, cash flows, and compliance with financial reporting standards.
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