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Use and Finance Biannual Reporting Form Reporting Period (check one):January 1, 2019, through June 30, 2019, July 1, 2019, through December 31, 2019, University/College: Monroe County Community College
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Gather all necessary documents such as income statements, balance sheets, and cash flow statements.
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Any individual or organization that is required to report and disclose their financial information in accordance with FASB standards needs to fill out FASB Home. This includes companies, businesses, non-profit organizations, governmental entities, and any other entity that falls under the regulatory requirements of FASB.
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FASB Home refers to the homepage of the Financial Accounting Standards Board, which is an organization responsible for establishing financial accounting and reporting standards.
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Typically, public companies and certain private companies that are required to follow GAAP (Generally Accepted Accounting Principles) must comply with FASB standards.
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To fill out forms related to FASB, companies must adhere to the guidelines set forth in the applicable accounting standards and submit their financial statements in accordance with those standards.
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The purpose of FASB Home is to provide access to accounting standards, educational resources, and guidance for organizations in the preparation and presentation of financial statements.
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Financial performance, disclosures related to financial position, cash flows, and other relevant accounting information are typically required on FASB forms.
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