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Mock Examination : CCA Paper F7 Financial Reporting Session : June 2014 Set by : Mr Go Her Wee Your Contact Number : I wish to have my script marked by the lecturer and collect the marked script at
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Financial reporting is the process of producing statements that disclose an organization's financial performance to external users.
Entities such as corporations, non-profit organizations, and governments are required to file financial reporting.
Financial reporting is filled out by compiling financial data, preparing financial statements, and ensuring compliance with accounting standards.
The purpose of financial reporting is to provide information about the financial position, performance, and changes in financial position of an organization.
Information such as income statement, balance sheet, cash flow statement, and notes to the financial statements must be reported on financial reporting.
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