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NOTICE TO READERS This notice accompanies, and should be read in conjunction with, the Annual Certificates for El Dorado Gold Corporation filed March 23, 2007, via SEDAN with Canadian securities regulatory

How to fill out notice to readers

How to fill out notice to readers?

1. Begin by gathering all the necessary information and documents. This includes financial statements, balance sheets, income statements, and any other relevant financial information.
2. Review the financial statements and ensure they are accurate and complete. Double-check all calculations and make any necessary adjustments.
3. Identify any significant events or transactions that may need to be disclosed in the notice to readers. This could include changes in ownership, acquisitions, or any other material events that may impact the financial statements.
4. Prepare a summary of the financial statements, highlighting key figures and ratios. This will help readers quickly understand the financial performance and position of the company.
5. Draft an introductory paragraph for the notice to readers. This should provide a brief background of the company, its industry, and any other relevant information.
6. Include a statement acknowledging the responsibility of management for the preparation and integrity of the financial statements. This demonstrates that the company takes its financial reporting seriously.
7. Disclose any limitations or restrictions on the scope of the engagement. For example, if the notice to readers was prepared without conducting an audit or review, this should be clearly stated.
8. Provide a disclaimer explaining that the engagement to prepare the notice to readers does not provide assurance on the financial statements. This is important in distinguishing the notice from an audit or review engagement.
9. Include any additional information or disclosures that may be required by relevant accounting standards or regulations. This could include commitments, contingencies, related party transactions, or any other material information.

Who needs notice to readers?

1. The notice to readers is typically required by small businesses or privately held companies. It is not a mandatory reporting requirement like an audit or review engagement.
2. It may be necessary to provide a notice to readers when financial statements are being shared with external parties such as investors, lenders, or potential buyers. This provides them with some level of assurance on the financial statements.
3. Some regulatory authorities or industry associations may also require companies to provide a notice to readers as part of their reporting obligations.

Overall, anyone who is interested in understanding the financial performance and position of a company may benefit from a notice to readers.

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What is notice to readers?

Notice to readers (NTR) is a type of financial statement engagement where a public accountant provides limited assurance on the financial statements of a company. It is commonly used for small businesses or organizations that do not require a full audit or review.

Who is required to file notice to readers?

Any company or organization that wants to present its financial statements to stakeholders, such as shareholders, lenders, or potential investors, may choose to file a notice to readers.

How to fill out notice to readers?

To fill out a notice to readers, the company or organization should engage a public accountant who will gather and assess financial information provided by the entity. The accountant will then compile the financial statements and prepare a report expressing limited assurance on their accuracy.

What is the purpose of notice to readers?

The purpose of a notice to readers is to provide stakeholders with a basic level of assurance on the financial statements. It aims to increase the credibility and reliability of the financial information presented without performing a full audit or review.

What information must be reported on notice to readers?

A notice to readers typically includes the compiled financial statements, a summary of significant accounting policies, and a statement expressing limited assurance by the public accountant. It may also disclose any material uncertainties or limitations on the reliability of the financial statements.