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ANNUAL FINANCIAL STATEMENT FOR THE YEAR 2012 (UNAUDITED) 25,850 POPULATION LAST CENSUS NET VALUATION TAXABLE 2012 2,782,811,262 MUNICODE 1615 FIVE DOLLARS PER DAY PENALTY IF NOT FILED BY: COUNTIES
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01
Gather all the necessary financial documents such as income statements, balance sheets, cash flow statements, and supporting schedules.
02
Review and prepare the financial statements in accordance with the relevant accounting standards and regulations.
03
Fill out the income statement by recording all the revenues and expenses for the reporting period.
04
Complete the balance sheet by documenting the company's assets, liabilities, and shareholders' equity as of the reporting date.
05
Prepare the cash flow statement by analyzing the company's cash inflows and outflows from operating, investing, and financing activities.
06
Include any necessary supporting schedules or disclosures to provide additional information or clarify certain items in the financial statements.
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Ensure all calculations are accurate and all information is properly recorded.
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Review the completed annual financial statement for any errors or inconsistencies and make necessary corrections.
09
Obtain necessary approvals and signatures from authorized personnel or auditors, if required.
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Submit the finalized annual financial statement to the relevant stakeholders or authorities within the specified deadline.

Who needs annual financial statement for?

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Annual financial statements are needed by various stakeholders, including:
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- Businesses and corporations to assess their financial performance, profitability, and financial health.
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- Investors and shareholders to make investment decisions and evaluate the company's financial position.
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Ultimately, any entity or individual with an interest in a company's financial affairs may require access to its annual financial statement.
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The annual financial statement is used to provide a comprehensive overview of a company's financial performance and position over the past year.
All companies are required to file an annual financial statement, including publicly traded companies, private companies, and non-profit organizations.
Annual financial statements are typically prepared by the company's accountant or finance department, following accounting standards such as GAAP or IFRS.
The purpose of the annual financial statement is to provide stakeholders, including investors, creditors, and regulators, with insight into the company's financial health and performance.
Key information reported on the annual financial statement includes revenue, expenses, assets, liabilities, and shareholder equity.
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