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, t? Ontario Ministry of Municipal Affairs Financial Statement Auditor's Report and Housing Form 4 Municipal Elections Act, 1996 (Section 78) Instructions All candidates must complete Boxes A, B,
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What is financial statement - auditors?
A financial statement is a formal record of the financial activities and position of a company, prepared by auditors to provide relevant information about the entity's financial performance, changes in financial position, and cash flows.
Who is required to file financial statement - auditors?
Auditors are not required to file financial statements. However, auditors are responsible for examining and expressing an opinion on the financial statements prepared by the company's management.
How to fill out financial statement - auditors?
Auditors fill out financial statements by conducting an audit of the company's financial records and transactions. This includes reviewing supporting documents, verifying balances, testing internal controls, and performing necessary adjustments to ensure the accuracy and reliability of the financial statements.
What is the purpose of financial statement - auditors?
The purpose of financial statements for auditors is to express an opinion on the fairness and accuracy of the financial information presented in the statements. Auditors assess whether the financial statements comply with accounting standards, provide a true and fair view of the company's financial position, and are free from material misstatement.
What information must be reported on financial statement - auditors?
Financial statements prepared by auditors typically include a balance sheet, income statement, statement of cash flows, and statement of changes in equity. These statements report information such as assets, liabilities, equity, revenue, expenses, cash flows, and changes in equity.
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