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2018 6520182019QQQ.7Why AFSAFS8AFS12AFS 10014AFS14 17 1960 61 63 63 65 66 67 67 68 68 68 68 68 69 69 71 71 72 73 7896 103105QA107 109AFS 2 101
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why afs stands for Annual Financial Statements, which are a set of financial reports prepared by a company at the end of each fiscal year.
Companies, particularly corporations and other entities, are required to file Annual Financial Statements for regulatory and transparency purposes.
Annual Financial Statements can be filled out by compiling financial data such as balance sheets, income statements, and cash flow statements for the fiscal year.
The purpose of Annual Financial Statements is to provide stakeholders such as investors, creditors, and regulators with an overview of a company's financial performance and position.
Annual Financial Statements typically include information on revenue, expenses, assets, liabilities, and equity of a company.
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