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Year End Recap
2016The Official Newsletter of the Lions of Illinois Foundation Dr. Mark I. Barenblatt, MD, PhD, MBA
Welcomes members to the Annual
Lions of Illinois Foundation
Meeting. Dr. Barenblatt
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What is year end recap?
Year end recap is a summary of the financial activities and performance of a company for the entire year.
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All businesses and organizations are required to file a year end recap.
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Year end recap can be filled out by compiling all financial statements, income statements, and balance sheets for the year.
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The purpose of year end recap is to provide stakeholders with a comprehensive overview of the financial health and performance of a company.
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Information such as revenues, expenses, profits, losses, assets, liabilities, and equity must be reported on a year end recap.
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