• Audit Vocabulary
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  • Accounting standards set out the requirements for the recognition, measurement, presentation and disclosure of transactions and events that are important to the financial statements.
    General Accepted Accounting Principles (GAAP)
  • An annual general meeting (commonly referred to as an AGM) is a formal meeting held once a year by a company, required by law, to which shareholders are invited.
    Annual general meeting
  • report issued by a company detailing its activities and financial performance during the preceding year.
    Annual report
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