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NEC3 Term Service Short Contract (TSSC3)A contract betweenEskom Holdings SOC Ltd (Reg No. 2002/015527/30) and nonlegislative Training for Peaking Generation Contents: Compiled in accordance with CDB
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Compiled in accordance with refers to financial statements that have been prepared by a company's management in accordance with a specific financial reporting framework, such as GAAP or IFRS.
Companies and organizations that are not required to undergo a formal audit may choose to have their financial statements compiled in accordance with a specific financial reporting framework.
To fill out compiled in accordance with, a company's management must follow the guidelines set out by the chosen financial reporting framework and present the financial statements in accordance with the framework's requirements.
The purpose of compiling financial statements in accordance with a specific financial reporting framework is to provide stakeholders with reliable and relevant information about the company's financial performance and position.
Compiled financial statements must include a balance sheet, income statement, statement of cash flows, and notes to the financial statements.
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