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INTERSTATES URITIESAND EXCHANGE COMMISSION Washington, D.C. 20549 16012423 ANNUAL AUDITED REPOT FORM X17A5 Sc Dion PART III MAR 1) 12016 r, FACING PAGE OMB APPROVAL 32350123 OMB Number: March 31,
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How to fill out an annual audited report:

01
Begin by gathering all the necessary financial documents and records. This may include income statements, balance sheets, cash flow statements, and any other relevant financial data.
02
Review the requirements and guidelines set by your industry and any regulatory bodies. It is essential to ensure compliance and accuracy in your report.
03
Start by documenting your company's basic information, such as its name, address, and contact details. Include any legal or regulatory identification numbers that are necessary.
04
Clearly state the reporting period for which the annual audited report is being prepared. This is typically a fiscal year or a specific duration as specified by the regulatory authorities.
05
Proceed to provide an overview of your company's financial performance during the reporting period. This section should include details about your revenues, expenses, profits or losses, and any significant financial events or transactions.
06
Include a comprehensive analysis of your company's financial position. This can involve presenting key financial ratios, liquidity measures, and any other relevant financial indicators that demonstrate your company's financial health and stability.
07
Ensure that all financial statements and supporting schedules are accurately prepared and in accordance with generally accepted accounting principles (GAAP) or any specific accounting standards applicable in your industry.
08
Include any required disclosures, such as related party transactions, contingent liabilities, or any changes in accounting policies.
09
If your annual audited report requires an auditor's opinion, make sure to engage a qualified auditor to conduct the necessary procedures and provide their professional opinion on the fairness of your financial statements.
10
Finally, review the completed report for any errors, inconsistencies, or omissions before submitting it to the relevant parties, such as regulatory bodies, investors, or other stakeholders.

Who needs an annual audited report:

01
Publicly traded companies are typically required by law to provide annual audited reports to their shareholders, as well as to regulatory bodies such as the Securities and Exchange Commission (SEC) in the United States.
02
Private companies may also need to provide annual audited reports if they have certain contractual obligations with lenders, investors, or business partners that require them to submit audited financial statements.
03
Non-profit organizations and charities may have reporting requirements imposed by funding sources, government agencies, or the Internal Revenue Service (IRS) in order to demonstrate accountability and transparency in the use of funds.
04
Some government entities and agencies may be mandated to prepare and submit annual audited reports to ensure compliance with fiscal responsibility and transparency requirements.
05
In some cases, individuals or entities may voluntarily choose to have their financial statements audited to enhance credibility and provide assurance to stakeholders such as investors, lenders, or potential business partners.
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The annual audited report is a comprehensive financial document that provides a detailed analysis of a company's financial performance and position.
Companies and organizations that meet certain criteria such as size, revenue, or industry regulations are required to file an annual audited report.
To fill out an annual audited report, companies need to gather financial information, analyze their performance, and prepare the report according to accounting standards.
The purpose of an annual audited report is to provide stakeholders with a transparent and accurate picture of a company's financial health and performance.
Information such as balance sheet, income statement, cash flow statement, notes to the financial statements, and auditor's report must be included in the annual audited report.
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