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0/10 / 96 opp Identified, Number, APA. , .1. CompanylProduct Number26931745. Name and Address. Of Applicant (include ZIP Cod BIS. Expedited Review. “ In ac.i:::ordnance with. FIFA Section .3(c)(3)
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The PRN 97-3 guidelines are for providing guidance on accounting for contingencies in financial statements.
Companies and organizations that have contingencies to report in their financial statements are required to file PRN 97-3 guidelines.
To fill out PRN 97-3 guidelines, companies need to assess their contingencies, determine the likelihood of occurrence, and disclose the relevant information in their financial statements.
The purpose of PRN 97-3 guidelines is to ensure that companies accurately report and disclose contingencies in their financial statements for transparency and reliability.
Companies must report information related to contingencies that could have a potential impact on their financial position, such as lawsuits, environmental liabilities, or warranty claims.
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