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Local Audit Manual Chapter 2 General Audit Methods Index Topics Pages Introduction 2.1 SystemsBased Audit (SBA) Approach 2.22.4 Substantive Approach 2.42.6 Sampling and Testing Levels 2.6 Computer
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CAGBD stands for Capital Account Gross Balance Disclosure, which is a report detailing the gross balance of capital accounts of partners or members in a partnership or LLC.
Partnerships or LLCs with multiple partners or members are required to file CAGBD to disclose the capital account balances.
CAGBD can be filled out by providing the capital account balances of partners or members in the prescribed format as per the regulatory guidelines.
The purpose of CAGBD is to provide transparency and clarity on the capital account balances of partners or members in a partnership or LLC.
The report must include the names of partners or members, their respective capital account balances, and any relevant details specified by the regulatory authority.
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