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ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE QUARTER AND SIX MONTHS ENDED 30 JUNE 2017 STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOMESTATEMENT OF CHANGES IN EQUITYQuarter ended 30 June
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How to fill out abridged unaudited financial statements

01
Gather all the necessary financial information such as revenue, expenses, assets, and liabilities.
02
Start with the balance sheet section and list all the assets and liabilities.
03
Calculate the total of assets and liabilities, ensuring they balance each other.
04
Move on to the income statement section and list all the revenue and expenses.
05
Calculate the net income or loss by deducting the total expenses from the total revenue.
06
Include any additional sections required, such as a statement of changes in equity.
07
Ensure all the information provided is accurate and matches the supporting documentation.
08
Present the financial statements in a clear and coherent manner.
09
Review the completed abridged unaudited financial statements for any errors or inconsistencies.
10
Finalize the financial statements and make them available to the relevant parties.

Who needs abridged unaudited financial statements?

01
Small businesses that do not have the resources or requirement for a full audit.
02
Private companies that are not publicly traded and do not have stakeholders demanding audited financial statements.
03
Companies that are not required by regulations or governing bodies to provide audited financial statements.
04
Entrepreneurs and startups who need a simplified version of financial statements to present to potential investors or lenders.
05
Individuals or organizations interested in obtaining a general overview of a company's financial performance without the need for detailed auditing.
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Abridged unaudited financial statements are condensed financial reports that have not been subjected to external audit.
Certain small companies may be required to file abridged unaudited financial statements, based on local regulations and company size criteria.
Abridged unaudited financial statements can be filled out by following local accounting standards and guidelines.
The purpose of abridged unaudited financial statements is to provide a summarized overview of a company's financial performance and position.
Abridged unaudited financial statements typically include key financial data such as revenue, expenses, assets, liabilities, and equity.
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