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This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.aspChris Seller From:
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A fiscal review is an assessment of an organization's financial statements and related financial practices to ensure accuracy, compliance with regulations, and overall financial health.
Organizations, businesses, or entities that meet specific criteria, often based on revenue thresholds or regulatory requirements, are required to file a fiscal review.
To fill out a fiscal review, gather your financial statements, follow the prescribed format or guidelines provided by the regulatory body, and ensure all relevant financial information is accurately reported.
The purpose of a fiscal review is to provide accountability and transparency regarding an organization’s financial activities and to ensure compliance with relevant laws and regulations.
Information typically required includes financial statements, revenue, expenses, assets, liabilities, and any notes explaining significant accounting practices or policies.
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