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GUAM MEMORIAL HOSPITAL AUTHORITY (A COMPONENT UNIT OF THE GOVERNMENT OF GUAM) INDEPENDENT AUDITORS REPORTS ON INTERNAL CONTROL AND ON COMPLIANCE YEAR ENDED SEPTEMBER 30, 2016Deloitte & Touché LLP
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01
Gather all relevant financial information, such as income statements, balance sheets, and cash flow statements.
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Review each section of the financial statement and make sure all necessary details are included.
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Start with the income statement, which shows the company's revenues, expenses, and net profit or loss.
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Move on to the balance sheet, which provides an overview of the company's assets, liabilities, and shareholders' equity.
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Finally, complete the cash flow statement, which tracks the company's cash inflows and outflows over a given period.
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Double-check all calculations and ensure the financial statements are accurate and balanced.
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Include any additional notes or disclosures that may be necessary for a comprehensive understanding of the company's financial position.
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Once completed, review the financial statements for any errors or inconsistencies before finalizing them.
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Depending on the purpose of the financial statements, consider having them audited or reviewed by a certified public accountant (CPA).
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Retain copies of the financial statements for future reference and compliance purposes.

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Financial statements are performed in a structured format that provides information about an organization's financial position, performance, and cash flows.
Companies, organizations, and entities are required to file financial statements performed in.
Financial statements are filled out by recording financial transactions, preparing balance sheets, income statements, and cash flow statements.
The purpose of financial statements performed in is to provide an accurate picture of an organization's financial health and performance to stakeholders, investors, and regulators.
Financial statements must report information such as assets, liabilities, equity, revenues, expenses, and cash flows.
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