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Client Questionnaire Business They do GST.doc Page 1 of 8. Financial Statements Questionnaire 2016. Ensure this questionnaire is completed and included with your ...
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How to fill out financial statements questionnaire 2016
01
The financial statements questionnaire 2016 is a document that is typically required by financial institutions, auditors, and other stakeholders to gather information about a company's financial position.
02
The questionnaire includes various sections and questions that covers a wide range of financial aspects, such as income statements, balance sheets, cash flow statements, and relevant notes and disclosures.
03
To fill out the financial statements questionnaire 2016, you will need to gather your company's financial records, including bank statements, invoices, receipts, payroll records, and any other relevant documentation.
04
Start by carefully reading each question and understanding what information is being requested. Pay close attention to any specific instructions or guidelines provided.
05
Begin with the income statement section, which typically requires you to report your company's revenues, expenses, and net income for the specified period. Ensure that you include all relevant income and expense categories and provide accurate figures.
06
Move on to the balance sheet section, which asks for details about your company's assets, liabilities, and equity. Make sure to accurately report the current balances for accounts such as cash, accounts receivable, inventory, accounts payable, loans, and shareholders' equity.
07
Proceed to the cash flow statement section, which requires you to provide information on the sources and uses of cash during the specified period. Include details on operating activities, investing activities, and financing activities, accurately representing inflows and outflows of cash.
08
Don't forget to include any necessary notes and disclosures as requested in the questionnaire. These may include explanations about significant accounting policies, subsequent events, contingencies, and other relevant information that may impact the financial statements.
09
It is crucial to ensure that all the information provided is accurate, reliable, and consistent with your company's financial records. Accuracy and attention to detail are key in completing the financial statements questionnaire 2016.
10
Once you have filled out the questionnaire to the best of your ability, review your answers thoroughly to make sure that you have not missed any sections or made any errors. It can be helpful to have someone else double-check your work for accuracy and completeness.
11
Finally, submit the completed financial statements questionnaire 2016 to the relevant party or organization that requested it within the specified deadline. Keep a copy of the questionnaire and supporting documents for your records.
In conclusion, the financial statements questionnaire 2016 is necessary for various stakeholders to gather comprehensive financial information about a company. By carefully answering each question and providing accurate and reliable data, you can successfully fill out the questionnaire and ensure the smooth processing of your financial statements.
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What is financial statements questionnaire?
A financial statements questionnaire is a document that collects information about an organization's financial status.
Who is required to file financial statements questionnaire?
Companies and organizations are required to file financial statements questionnaire.
How to fill out financial statements questionnaire?
Financial statements questionnaire can be filled out by providing accurate and up-to-date financial information about the organization.
What is the purpose of financial statements questionnaire?
The purpose of financial statements questionnaire is to provide a snapshot of an organization's financial health and performance.
What information must be reported on financial statements questionnaire?
Information such as income, expenses, assets, liabilities, and equity must be reported on financial statements questionnaire.
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