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COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND www.cdfifund.govCDFI Bond Guarantee Program Alternative Financial Structure May 1, 2015Todays Schedule TopicTimeDurationIntroduction and Overview09:00
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afs stands for Annual Financial Statements, which are a set of reports that provide a snapshot of a company's financial performance and position.
Business entities, including corporations, partnerships, and sole proprietorships, are required to file afs.
To fill out afs, companies must gather financial information such as income statements, balance sheets, and cash flow statements and present them in a standardized format.
The purpose of afs is to provide stakeholders, such as investors, creditors, and regulatory authorities, with an accurate and comprehensive overview of a company's financial health.
Information such as revenue, expenses, assets, liabilities, and equity must be reported on afs.
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