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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10QSB QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarter Ended: August 31, 2003,

How to fill out notes to unaudited condensed

How to fill out notes to unaudited condensed:

1. Identify the purpose of the notes: Before starting to fill out the notes to unaudited condensed, it is important to understand the purpose of these notes. Typically, these notes provide additional information and explanations to the unaudited condensed financial statements, helping users gain a deeper understanding of the financial performance and position of the company.
2. Gather relevant information: Collect all the necessary information that needs to be included in the notes. This may include details about significant accounting policies, contingent liabilities, significant events or transactions, related party transactions, and any other relevant information that is essential for understanding the financial statements.
3. Organize the information: Arrange the gathered information in a logical order. Consider grouping similar information together to make it easier for users to navigate through the notes. For example, you may want to have separate sections for accounting policies, significant events, and related party transactions.
4. Provide clear and concise explanations: When filling out the notes to unaudited condensed, ensure that the information provided is clear and easy to understand. Avoid using technical jargon or complex language that may confuse the readers. Use concise explanations to provide relevant details and context without overwhelming the users with unnecessary information.
5. Cross-reference with financial statements: Ensure that the information included in the notes is properly cross-referenced with the corresponding figures in the unaudited condensed financial statements. This helps readers locate and understand the relevant information more easily.

Who needs notes to unaudited condensed:

1. Investors: Investors who are interested in making informed decisions about investing in a company rely on the unaudited condensed financial statements and accompanying notes. The notes provide additional details and explanations that may not be included in the financial statements themselves, helping investors understand the financial health and performance of the company.
2. Analysts and financial professionals: Analysts and financial professionals who analyze companies and recommend investments also require access to the notes to unaudited condensed. These professionals rely on detailed information to assess the company's financial position, evaluate risks, and make projections or forecasts.
3. Regulatory bodies and auditors: Regulatory bodies and auditors may review the notes to unaudited condensed to ensure compliance with accounting standards and regulations. These notes provide important information that is essential for assessing the company's compliance and the accuracy of the financial statements.

In conclusion, filling out the notes to unaudited condensed requires an understanding of their purpose, gathering relevant information, organizing it logically, providing clear explanations, and cross-referencing with the financial statements. These notes are important for investors, analysts, financial professionals, regulatory bodies, and auditors to gain a comprehensive understanding of a company's financial performance and position.

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