How is Audited Accounts defined in a legal contract?
- Audited Accounts means the verified balance sheet and profit and loss statement [notes included], produced and reviewed in adherence to {clause], which pertains to the financial year ending on a certain date. Seen in 16 SEC filings.
- Audited Accounts means the consolidated report and audited accounts of an entity and its branches for any financial year. Seen in 7 SEC filings.
- Audited Accounts means the audited accounts consisting of the financial summary ending on a specified date. Seen in 5 SEC filings.
- Audited Accounts means the audited accounts that are required as per regulation 2 of a certain Pension scheme regulation. Seen in 4 SEC filings.
- Audited Accounts means the report and audited accounts of an organization and of any Group companies, including the audited consolidated accounts of the Group (if any) for the relevant financial year. Seen in 4 SEC filings.
- Audited Accounts means accounts related to a project in the Agreed form, certified by an authorized individual's auditor. Seen in 4 SEC filings.
- Audited Accounts means accounts that have been audited but include the standard form of accounts for members which do not or are not required by their own codes or by law to produce audited accounts. Seen in 3 SEC filings.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of audited accounts' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Audited Accounts means the verified and consolidated financial reports for a given financial year.
Relevant Contract Types
Relevant Circumstances
- When establishing a new business contract
- During the process of corporate mergers and buyouts
- Applying for business loans
- During annual general meetings to assess financial performance
Relevant Sectors
Genie Definition 2
- Audited Accounts means the legally required financial statements pertaining to a designated project or organization.
Relevant Contract Types
Relevant Circumstances
- When initiating a significant project requiring financial oversight
- Securing funding and sponsorship for nonprofit organizations
- During the procurement phase of infrastructure contracts
Relevant Sectors
Audited Accounts means the verified and consolidated financial reports for a given financial year.
Are you creating, reviewing or negotiating a document?
Genie is the way the world agrees. Know market standards, set your rules, and close deals 70% faster by autotransacting on standard terms while negotiating only what matters.
Whether you're creating from scratch, need a trusted template, want to edit or review an existing document or get simple explanations to complex legal questions, try Genie for free.
Whether you're creating from scratch, need a trusted template, want to edit or review an existing document or get simple explanations to complex legal questions, try Genie for free.
.png)
.png)
