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Long-Form Audit Report in Germany Audit Regulatory Committee 3 March 2011 AuRC Agenda Green Paper Audit Policy Article 41 4 Directive 2006/43/EC Long Form Report in Germany Functions Presentation Content Annex 1 321 German Commercial Code Annex 2 Sample Content of Report Better Internal Communication Q9 Is there adequate and regular dialogue between the external auditors internal auditors and the Audit Committee If not how can this communication be improved Regular dialogue should be...
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An example of a long form report is a comprehensive annual financial report that details a company's financial performance, including its balance sheet, income statement, and cash flow statement.
Publicly traded companies, certain non-profits, and other entities defined by regulatory authorities are typically required to file long form reports, such as the Form 10-K with the SEC.
To fill out a long form report, gather all necessary financial and operational data, follow the legal and regulatory guidelines provided by the governing body, organize the information into the required sections, and ensure accuracy before submission.
The purpose of a long form report is to provide stakeholders with a detailed overview of the organization's financial health, operational results, and strategic direction.
A long form report must include financial statements, management's discussion and analysis, risk factors, corporate governance information, and auditor's opinion, among other required disclosures.
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