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E/ECE/324/Rev.2/Add.103/Rev.1/Amend.3E/ECE/TRANS/505/Rev.2/Add.103/Rev.1/Amend.3 7 December 2017Agreement Concerning the Adoption of Harmonized Technical United Nations Regulations for Wheeled Vehicles,
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Addendum 103 is a regulatory requirement for certain financial disclosures pertaining to unregulated entities. It ensures transparency in financial reporting and compliance with federal regulations.
Entities that operate in sectors not currently regulated but that have financial activities requiring disclosure are required to file Addendum 103. This may include select businesses, trust funds, and certain private entities.
To fill out Addendum 103, organizations need to gather relevant financial data, use the standardized form available from the regulatory body, ensure all required fields are completed accurately, and provide any necessary supporting documentation before submission.
The purpose of Addendum 103 is to promote transparency and accountability in financial reporting, collecting data to assess the economic impact of unregulated entities and assist regulators in monitoring compliance.
Addendum 103 requires the reporting of financial statements, details of revenue sources, operational expenses, assets and liabilities, and any other pertinent financial data that reflects the entity's economic activities.
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