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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year
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What is c a p s?
CAPS stands for the Comprehensive Annual Financial Report system, which is used for reporting financial data and ensuring accountability.
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Entities such as government agencies, municipalities, and certain nonprofit organizations are required to file CAPS.
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To fill out CAPS, gather the required financial data, follow the prescribed format, and ensure all necessary sections are completed according to the guidelines provided by the governing body.
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The purpose of CAPS is to provide a transparent and standardized method for reporting financial information, enhancing accountability and public trust.
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CAPS must report financial statements, budgetary information, management discussion and analysis, and compliance with legal and regulatory requirements.
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