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FY 2014 YEAR END CLOSING INSTRUCTIONS AND REQUIREMENTS Issued by Financial Operations 4/22/2014 Contents SECTION TITLE STARTS ON PAGE What's New for the FY 2014 Close? 7 Overview Comprehensive Annual
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FY year end closing refers to the process of finalizing financial statements and reports at the end of the fiscal year.
All companies and organizations are required to file FY year end closing.
FY year end closing can be filled out by compiling all financial data, reconciling accounts, and preparing financial statements.
The purpose of FY year end closing is to provide an accurate snapshot of the financial health of a company at the end of the fiscal year.
Information such as income statements, balance sheets, cash flow statements, and any other pertinent financial data must be reported on FY year end closing.
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