Abridged Accounts, Audited Accounts what the difference?

WeeFlower

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What is the difference between Abridged Accounts for a year end and and Audited Accounts for a year end?
 
Abridged accounts are a shortened version of the audited accounts. They exclude some of the detailed information that would be contained in a full set of accounts.
 
Abridged means shortened or summary information.
Audited means that the accounts have been subject to audit.
 
Thank you that clarifies it for me! I am not an Accountacy nerd sorry! (I mean no offence) Therefor I need the help by asking such questions. Thank you!
 
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