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External Audit

An audit that is carried out by an external auditor as per the requirements of a statute- a statute is...

Statutory Audit

An audit that is mandated by a statute- a statute is a law or regulation passed by a legislative authority...

PIE Audit

An audit engagement on public interest entities (PIEs). It is a statutory audit of financial statements of PIEs conducted in...

PIE

It stands for public interest entity; an entity that is perceived to involve a significant public interest because of the...

Public Interest Entity

An entity that is perceived to involve a significant public interest because of the nature of its business, size (e.g.,...

Supplementary Information

A type of accounting information that is provided to users of financial statements (by means of supplementary statements), over and...

Supplementary Statement

A statement that provides "supplementary information" to users of financial statements such as statements of charity (donations) or subsidized lending...

Accounting Disclosure Notes

Specific information that is provided in the footnotes to an entity’s financial statements. These notes carry certain important facts about...

Disclosure Notes

Specific information that is provided in the footnotes to an entity’s financial statements. These notes carry certain important facts about...

Stockholders’ Equity

The amounts of funds that have been provided by owners (stockholders) of a business (firm) as well as their claims...