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66SerSol Broad (formerly known as Season Technologies Broad) (602062X)Notes To The Financial Statements (Contd)3. Significant Accounting Policies (Contd) (i)(j)Impairment of Assets (Contd) (ii)Financial
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Notes to form financial are supplementary disclosures that provide detailed information about the financial statements, including accounting policies, assumptions, and other relevant information.
Entities that prepare financial statements, including public companies and certain private companies, are required to include notes to the form financial.
To fill out notes to form financial, you should systematically disclose relevant accounting policies, explanations of financial statement items, and any necessary details about transactions that enhance the understandability of the financial statements.
The purpose of notes to form financial is to provide context, clarification, and additional details to the financial statements, helping users make informed decisions based on the full scope of the entity's financial situation.
The information that must be reported includes significant accounting policies, details of balances and transactions, contingent liabilities, and any other relevant information that may affect the understanding of the financial statements.
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