â I nsider tradingâ refers to transactions in a companyâs securities, such as stocks or options, by corporate insiders or their associates based on information originating within the firm that would, once publicly disclosed, affect the prices of such securities.
A: A management letter is an auditor's letter addressed to the client, according to Allbusiness.com. It is a letter written by company management that confirms the accuracy of an audit. An audit is an examination and verification of a company's financial and accounting records and supporting documents presented by a professional, such as a certified public accountant.
What is the deadline to request to take a class on an audit basis? The following section discusses the rules for the College of Letters & Science (L&S) undergraduate students who wish to audit a class. Auditing a course allows a a student to take a class without the benefit of a grade or credit for a course. An L&S undergraduate student who audits a course does so for the purposes of self-enrichment and academic exploration.