An audited financial statement is a document of a company’s financial reports, which have been prepared by an auditor or public accountant. The auditor prepares a report on the financial statement of the company. It must be prepared with particular care, with all facts and figures properly entered. It should include inputs like budget, expense report and other related information.
Sample Audited Financial Statement:
ABC Company’s financial statement for the term January 2010 to January 2011
Company Name: ABC international Pvt. Ltd.
Statement submitted on: 10th of February, 2011.
Report prepared by: Mr. Walter Jackson, Certified Public Accountant, auditor.
Purpose: this report is prepared to examine the financial position of the company and get the inference from the qualified auditor in concern.
Cash and related equivalents $ 700,250
Receivable investment 15000
Receivable accounts 19000
Receivable loans 32000
Capital assets 1000000
Property (land and buildings) 1278000
Total Assets $ 3294250
Bank debts $ 325000
Accrued liabilities 120000
Payable accounts 45000
Capital leases 50000
Long term debt 1200008
Employee benefits 50300
Total Liabilities $ 1790308
Unrestricted net assets $ 202,000
Permanently restricted net assets 100000
Internally restricted 150000
Total Net Assets $ 452000
Total Liabilities and Net Assets: $ 2242308
**Source: audited financial statement.
(Approval of auditor) (Approval of company)
It is to be noted that we have audited the company’s financial statements and have prepared and submitted the reports accordingly. The financial statements produced by the company fairly reveal the company’s financial position in a particular term. We enclose herewith a copy of our audit report for the perusal of the company.