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UNITED STATES SECURITIES AND EXCHANGE Washington, ANNUAL OMB APPROVAL OMB Number: 32350123COMMISSIONExpires: March 31, 2016, Estimated average burden. C.20549×, AUD ITE D REP PART 111hours per response...
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Au dite d rep stands for Audited Report, which is a formal examination of an organization's financial records.
Companies and organizations that meet certain criteria, such as revenue thresholds or legal requirements, are required to file an audited report.
Audited reports are typically prepared by certified public accountants (CPAs) who review the organization's financial statements and ensure compliance with accounting standards.
The purpose of an audited report is to provide assurance to stakeholders that the organization's financial statements are accurate and reliable.
An audited report typically includes a balance sheet, income statement, cash flow statement, and footnotes explaining accounting policies and assumptions.
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