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Unaudited Financial Statements With Other Financial Information West Virginia Board of Treasury Investments Consolidated Fund For the Month and Fiscal Year to Date Ended February 28, 2018Fiscal Year
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01
Gather all relevant financial information, including bank statements, income statements, balance sheets, and any other financial records.
02
Review the requirements set by the applicable accounting standards or regulatory bodies for the audited financial statements.
03
Engage the services of a certified public accountant (CPA) or a professional auditing firm to perform the audit.
04
Provide the necessary documentation and access to your financial records to the auditors.
05
Cooperate and work closely with the auditors throughout the audit process.
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The auditors will review your financial records, perform analytical procedures, and conduct various audit tests to verify the accuracy of the financial statements.
07
Address any findings or recommendations provided by the auditors and make any necessary adjustments to the financial statements.
08
Review and finalize the audited financial statements with the assistance of the auditors.
09
Ensure the audited financial statements comply with the applicable accounting standards or regulatory requirements.
10
Distribute the audited financial statements to stakeholders, such as investors, lenders, and government agencies, as required.

Who needs audited financial statements with?

01
Publicly traded companies: These companies are typically required by securities regulators to provide audited financial statements to ensure transparency and protect investors.
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Financial institutions: Banks, credit unions, and other financial institutions often need audited financial statements to assess the borrower's financial position and creditworthiness.
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Government agencies: Government entities may require audited financial statements from organizations receiving public funding or involved in public-private partnerships.
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Nonprofit organizations: Nonprofits often need audited financial statements to demonstrate accountability and transparency to donors, grantors, and stakeholders.
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Potential investors: Individuals or entities considering investing in a business may request audited financial statements to evaluate the financial health and performance of the company.
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Audited financial statements are financial documents that have been reviewed and verified by an independent auditor.
Publicly traded companies and some private companies may be required to file audited financial statements with regulatory bodies or stakeholders.
Audited financial statements are typically filled out by a company's finance team with the assistance of an external auditor.
The purpose of audited financial statements is to provide stakeholders with confidence in the financial health and accuracy of a company.
Audited financial statements typically include a balance sheet, income statement, statement of cash flows, and notes to the financial statements.
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