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Honda UasiGhowrilhuryaGo To The Chairman The Peninsula Chittagong Limited Bull Center, 486/8, O.R. Nina Road, CDA Avenue Chittagong 4000. Audited Financial Statements of The Peninsula Chittagong Limited

How to fill out audited financial statements2015-2016

How to fill out audited financial statements2015-2016

1. To fill out audited financial statements for the period 2015-2016, follow these steps:
2. Begin by gathering all the relevant financial documents and records for the specified period.
3. Review the list of required financial statements, which may include the balance sheet, income statement, cash flow statement, and statement of changes in equity.
4. Ensure that all the financial statements are prepared in accordance with the Generally Accepted Accounting Principles (GAAP) or the applicable accounting standards.
5. Start by filling out the balance sheet, which provides a snapshot of the company's assets, liabilities, and shareholders' equity at a specific point in time.
6. Move on to the income statement, also known as the profit and loss statement, which summarizes the company's revenues, expenses, and net income or loss for the specified period.
7. Complete the cash flow statement, which outlines the inflows and outflows of cash during the period, categorized into operating, investing, and financing activities.
8. Lastly, prepare the statement of changes in equity, which shows the changes in the company's shareholders' equity during the specified period.
9. Once all the financial statements are filled out accurately, review them for any errors or inconsistencies.
10. Have the audited financial statements reviewed and verified by a certified public accountant or an auditing firm.
11. Finally, present the audited financial statements for the period 2015-2016 to stakeholders, such as investors, lenders, and regulatory bodies, as required.

Who needs audited financial statements2015-2016?

1. Various entities may require audited financial statements for the period 2015-2016. Some of the common parties who may need these statements include:
2. - Publicly traded companies, as it is mandated by regulatory bodies to ensure transparency and accountability to shareholders.
3. - Private companies seeking external financing from banks or investors, as audited financial statements provide credibility and assurance to potential lenders or investors.
4. - Non-profit organizations required to report their financial activities and comply with regulations governing their operations.
5. - Government agencies and regulatory bodies responsible for monitoring and evaluating the financial health of companies and enforcing compliance with accounting standards.
6. - Internal stakeholders, such as boards of directors or management teams, who need audited financial statements to assess the company's financial performance and make informed decisions.

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What is audited financial statements?

Audited financial statements are financial reports that have been examined and verified by an independent auditor to ensure their accuracy and reliability.

Who is required to file audited financial statements?

Publicly traded companies and certain other organizations are typically required to file audited financial statements.

How to fill out audited financial statements?

Audited financial statements are filled out by compiling financial data, reconciling accounts, and ensuring all information is accurately recorded.

What is the purpose of audited financial statements?

The purpose of audited financial statements is to provide stakeholders with assurance regarding the financial health and performance of an organization.

What information must be reported on audited financial statements?

Audited financial statements typically include a balance sheet, income statement, statement of cash flows, and notes to the financial statements.